EGLD introduction
The old currency ERD is upgraded to EGLD and exchanged at a ratio of 1000ERD:1EGLD. The value of the new coin EGLD is 1000 times that of the old coin ERD. Elrond is a high-throughput public chain that focuses on providing security, efficiency, scalability and interactivity through adaptive sharding technology and a new security proof-of-stake consensus mechanism.