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$0.033130

  -4.24%

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What is Elrond?

Elrond (ERD) aims to be a high throughput blockchain, focused on providing security, efficiency, scalability and interoperability.

  • By providing highly scalability, fast transaction speeds, & low cost transactions, Elrond believes it is well suited for machine to machine transactions and the IoT economy.
  • They seek to provide competitive and efficient dApp user experiences for real world use cases.
  • All costs for processing transactions, running smart contracts and rewards are paid in ERD tokens.

The Elrond team believes that many cryptocurrency and smart contract platforms have become promising potential solutions for electronic payments, dApps or potential digital stores of value. However, many other platforms have limitations, particularly in regards to scalability. The team looks to address this issue and provide a blockchain suitable for mainstream adoption and public use

How do I buy Elrond?

1.
Deposit funds into your account.
2.
Enter the amount of Elrond (or Australian Dollar equivalent) that you would like to buy.
3.
Click ‘Buy' to confirm your Elrond purchase and your Elrond will arrive in your CoinSpot wallet within minutes.
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