I am glad to welcome you, dear readers! We will continue to consider the project called Elrond. In today's post, I will try to compare the innovations that Elrond has brought to blockchain technology and the position of its capabilities among existing competitors in the market.the Dean's office is usually one of the most popular.

![04.png](https://cdn.steemitimages.com/DQmd8m5XFxR8yjB3aE67rpf794xHTkPJHUJE7uVAYS8FwKc/04.png)

Blockchain technology has burst into our lives as an important breakthrough with bitcoin, but bitcoins technological capabilities are forcing it to stay on the back burner in regards to use in some areas. If we were to use bitcoin in our day-to-day Affairs expecting our payments to move around the network in a matter of days, the demand for such intensity could not be provided. Bitcoin that comes out of our wallet may wait online for several days to pay for a routine event that we perform for any small in-store purchases daily, there may be purchase related issues such as payment cancellation. At this point, bitcoin is becoming important and available for daily purchases rather than in a convenient position as a value storage tool.

![03.png](https://cdn.steemitimages.com/DQmRGCzLt7ymVWT4tQ8RMAfk28HN1Sme67e3vPJUVs4yrSf/03.png)

Many cryptocurrencies after bitcoin have also been targeted to identify and claim to address exactly these and similar issues. The demand to make crypto assets available for easy purchases in everyday life and to make life easier with beer has led to the formation of thousands of assets in the grocery store. Many struggle to keep their presence at the promise stage or as projects and jobs that don't fit the roadmaps, and there's no reason they can't disappear completely from the market as a result of their increasingly strong situation. That's because they're not very different from a grain of sand on a beach due to innovations they can't implement in the present, and coin tokens in a similar state.

![07.png](https://cdn.steemitimages.com/DQmXz2KbAvV4B8ntxFCJ5UDhGsrNGQy9ketVLSLw5QaUjGi/07.png)

However, Elrond realized that many works that were not true to promises and deferred roadmaps had been given for a long time with TPS ( transaction per second) assessments performed on the test net Chet network. Instead of a method based on unnecessary energy costs, such as POW, compared to Ethereum, a method that runs with rational and energy-efficient in POS-based SPOS logic is used. Compared to Algorand; instead work with one chain, he divides the display and divides it. Creation of blocks is performed in less time compared to Algorand, and evaluation of TPS ( transaction odd second ) is much higher.

![06.jpg](https://cdn.steemitimages.com/DQmNezq5aFytLApffmXnTixHBtfXrdxiGC4CDKe7z1qeibq/06.jpg)

**About the token:**

![token.png](https://cdn.steemitimages.com/DQmRr3P9RWQjcgu7RDFCBgh2ZvnNRiQ7w65ELR9qWaxjarL/token.png)

**Project team:**

![team.jpg](https://cdn.steemitimages.com/DQmVooVdABTbkuwAVDrJJsVJsxhB8rD7XAzURJpXebRZ1Sz/team.jpg)

**Advisors**

![Advisors.jpg](https://cdn.steemitimages.com/DQmRwHy1cVZK2g8XK7tUJxEdAaahGQJ1XqDAeASUL2oQ92N/Advisors.jpg)

**Project road map:**

![roadmap.jpg](https://cdn.steemitimages.com/DQmeLHjkgaNEbgaNWgE2STR5HUvXDifN8FEZPMJgrvxVENY/roadmap.jpg)

**Conclusion:**

According to the available data, it can be said that Elrond has quite a big advantage over competitors in the market, although the advanced PoS environment protection algorithm also seems reasonable and acceptable with security POS (SPOS).


**Thank you for attention!
All useful links can be found below:**

**Website:** https://elrond.com
**Whitepaper:** https://elrond.com/files/Elrond_Whitepaper_EN.pdf
**Telegram:** https://t.me/ElrondNetwork
**FACEBOOK:** https://facebook.com/elrondnetwork
**TWITTER:** https://twitter.com/elrondnetwork
**MEDIUM:** https://medium.com/elrondnetwork
**REDDIT:** https://reddit.com/r/elrondnetwork
**YOUTUBE:** https://www.youtube.com/channel/UCRLKQHcjuWW_-JOZ-DqQTXw
**GITHUB:** https://github.com/elrondnetwork

═════════════★ Author ★═════════════════════

**★MY BITCOINTALK USERNAME:** tomson777
**★MY BITCOINTALK PROFILE LINK:** https://bitcointalk.org/index.php?action=profile;u=1766687
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