Elrond team, through great efforts and hard work has achieved its goal and was able to realize high network bandwidth. Bandwidth has been significantly increased and already today it reaches a peak of up to 10,000 or more transactions per second. During this time, a unique and the most secure method of achieving consensus SPoS (Secured Proof of Stake) was introduced into the system, which I wrote in more detail in my first article. All the previous developments on this issue, all the experience gained in recent years in the field of blockchain security have been taken into account and on the basis of this knowledge, reliable protection against numerous types of attacks, such as Sybil, Rogue-key or Nothing at Stake and some new species that have appeared only recently, has been developed.
The team leader and CEO Beniamin Minku and his assistants do not miss the opportunity to participate in various conferences to convey to the public the importance and relevance of this platform. In addition, the Elrond team devotes enough time to interact with relevant organizations in order to conclude as many partnerships with interested companies as possible. And it should be noted that they are far advanced in this matter. Partnership agreements were concluded, for example, with a large payment provider, with the cryptocurrency platform Nash, as well as with DSRL ( Distributed Systems Research Laboratory) of the University Cluj-Napoca, Romania http://dsrl.coned.utcluj.ro/ . This suggests that the Elrond development team is trying to look to the future and is not going to stop at the results achieved.
Now everything is ready for the launch of the Mainet. Not have to wait long. Therefore, be patient and support the creative project with your attention. As many people as possible should know about it. Visit the project website, read the documentation and join the huge army of Elrond followers. I am sure that in some time we will remember these days with gratitude, because it is now that the fate of future generations is being decided.
Elrond Announcements: https://t.me/ElrondNetworkAnn
Elrond Website: https://elrond.com
White paper: https://elrond.network/files/Elrond_Whitepaper_EN.pdf