Very long&substantive technical update from @ElrondNetwork
Despite market conditions, our focus is on #buidling!
🔥 Main things you'll find are: 1) new whitepaper update, 2) prototype is open source, 3) new website is out on elrond.com 🔥
medium.com
Despite market conditions, our focus is on #buidling!
🔥 Main things you'll find are: 1) new whitepaper update, 2) prototype is open source, 3) new website is out on elrond.com 🔥
medium.com
There are 2 key components in our architecture:
1 - Adaptive state sharding: idea being to partition the network into smaller networks&enable parallel transaction processing. Adaptivity means that sharding model reorganizes dynamically optimizing for security&throughput. How?
1 - Adaptive state sharding: idea being to partition the network into smaller networks&enable parallel transaction processing. Adaptivity means that sharding model reorganizes dynamically optimizing for security&throughput. How?
3 - both adaptive state #sharding and #secure proof of stake have been detailed a few months ago in our paper which today gets a refresh. This combination ensures linear #scalability, 5s latency, very efficient communication across the network. Check paper elrond.com
4 - many have been talking about #sharding and #pos but we've presented a compelling solution and have also implemented this into a prototype github.com - curious to hear feedback on all of this
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