Elrond Network has collaborated with Ternoa
Elrond Network has collaborated with Ternoa.
Through this collaboration, time capsules minted on Ternoa can be configured with Elrond Network destinations, with the NFTs to be sent over a bridge when the time comes.
“The permanent and immutable nature of blockchain technology will allow humanity to remember history’s lessons more accurately and draw on them better. We are happy to have Elrond accounts as recipients of the innovative Ternoa time capsules.” said Beniamin Mincu, Elrond Network CEO.
“The Elrond community is one of the most vibrant and active in the entire crypto space. We’re excited to engage with it and create the opportunity for its members to receive memories encapsulated on the Ternoa platform directly into their Maiar wallets.” said Mickael Canu, Ternoa CEO.
About Elrond
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Ternoa
Ternoa is the first blockchain dedicated to the transmission of data via NFT using Polkadot’s Substrate technology. Its objectives are to democratize the blockchain and allow the general public to transmit their memories from generation to generation.
