High performance blockchain project Elrond is launching its mainnet today, July 30, along with a new DeFi app, staking and a raft of new features. Its ERD token has been on fire this month in the lead-up to the long awaited launch.
The launch follows successful testnet results with more than 1,500 nodes in 29 countries, and 50 shards, running at extremely high speeds with a peak of more than 260,000 transactions per second. Elrond aims to achieve global scalability for money moving markets.