Elrond: What happened to the promises?

In the crypto ecosystem, there's one question that puts a blockchain project under the microscope: what are its strengths? 💡

When specialists are asked about the "strong points" of the Elrond project, the answer is often the same: "They're very good at marketing", "They have a great community", "The token has taken off well"... In short, the comments are dithyrambic.

But on the substance, things are a little more complicated. "It's yet another blockchain trying to compete with Ethereum by presenting itself as more scalable and simpler to use," explains one expert.

"They were the first to use sharding (a technique that increases the number of transactions per second, editor's note), but that is their only argument and the comparison with Ethereum is not really to their advantage," adds Stanislas Barthélémi, blockchain consultant at KPMG.