The human part of technology
Censorship resistant protocols are indispensable
A few decades after its invention, the internet has brought compounding improvements in speed and bandwidth of communication, instant access to the world’s knowledge, rapidly increasing rate of innovation, and hence, a growing global economic output.
But with the near omnipresent surveillance tools, increasingly potent behavioral impact of technology, and worrying concentration of power in the hands of a few tech giants, the crucial necessity for a new layer of the internet becomes evident. One preserving the instrumental benefits enabled by technology, yet limiting its potentially restrictive inclination by means of decentralization.
Elrond is at the forefront of this major shift in core internet infrastructure, empowering a higher level of social scalability through sovereign digital ownership, data privacy, unstoppable censorship-resistant applications, novel digital economies and governance models.
Innovative technology applied at scale
Elrond is a complete rethinking of public blockchain architecture, especially designed to bring a 1000x overall improvement by being scalable, efficient and secure while maintaining a sufficiently decentralized setting.
To achieve this we introduce a novel Adaptive State Sharding mechanism, enabling linear scalability as more nodes join the network by parallelizing transaction processing.
On a consensus level we propose a novel mechanism called Secure Proof of Stake, introducing a random selection of the consensus group, stake plus rating as a fitness function for sybil attack prevention, and near-instant finality based on pBFT.
To enable decentralized applications we design Elrond to be EVM and Ewasm compliant, supporting multiple smart contract languages and formal verification.
Digital economy of tomorrow
What will the future look like? The best way to predict the future is to create it.
Elrond’s developer-friendly design is based on the following fundamentals: trustless network for value transfer, privacy safeguarding, facilitation of new business models (removes the middleman and inefficiencies), along with the development of secure and decentralized applications.
All these elements create a balanced recipe for a decentralized future.
Envision that you are the citizen of a country with no geographical frontiers, maybe digital frontiers. Your digital citizenship gives you some rights and obligations.
You express your voting intentions through a transparent, secure, and decentralized e-voting system. A similar system is in place to track your contributions and taxation. You live in a city, a smart city where you pay for what you use, in an optimized shared-based economy where everything is tokenized and accessible in a transparent, secure and fair way.
Using blockchain technology as a force for unification will accelerate a future of transformation, innovation and ultimately strengthen the standard of transparency across industries. Furthermore it will enable complete access and ownership of it’s users private data.
A strong team determined on making things happen.
Beniamin is an entrepreneur and early blockchain investor with more than 4 years experience with blockchain startups. He was previously part of the NEM core team, where he led the business, marketing and community efforts for 1,5 years, helping bootstrap the NEM blockchain from an idea to a global product. He has also invested and supported some 30 blockchain projects among which Icon, Matrix and Zilliqa. General Partner of Metachain Capital.
Lucian is a successful entrepreneur and active investor in startups and the blockchain space, with more than 15 years experience in tech businesses. He has lead one of the fastest growing startups in Europe and is a technology executive with significant operational, business development, general management, leadership and international experience. He is also CEO, founder and partner in several tech companies.
Lucian is a skilled infrastructure engineer, with 8 years experience spanning from developing end-to-end startup products, to designing and implementing highly technical yet comprehensive infrastructure and network solutions for large enterprise clients like the German State. He loves cutting edge technology, and has joined the blockchain space in 2016, where he co-founded Metachain Capital and ICO Market Data.
The intersection of payments, big data and distributed systems led him to Bitcoin and the blockchain industry where he Co-founded BTKO, Romania’s first Bitcoin exchange platform. Felix is currently the Co-founder and CTO of Netopia where he implemented market leading solutions for online and mobile payments. He has more than 20 years of working experience in IT and teaches BigData concepts and technologies, including Machine Learning and Artificial Intelligence algorithms. Bitcoin Lightning Network contributor.
Radu holds a PhD in Computer Science, his main research spanning over Advanced Computer Architecture, Design Space Exploration and Machine Learning. He has published several scientific papers in prestigious journals and international conferences. He participated in EU funded research projects and has over 10 years experience as a software engineer, deploying enterprise solutions for multiple sectors.
Adrian won 1st Place in a national Ai Multi-Agent Systems Competition. He holds a Bachelor’s degree in Computer Science and Master’s degree in Advanced Computing Systems. He is a software engineer with more than 10 years experience and skills in a wide range of programming languages. Adrian has worked for leading companies such as Intel, ST-Ericsson, Continental, developing industry-grade embedded software in areas such as mobile and automotive. He has also worked for several startups as back-end developer.
Iulian holds a Bachelor’s degree in Computer Science and has designed and implemented rugged, industrial-grade software for more than 10 years. He has extensive experience in C#, ASP.NET, ABAP, Python, SQL, interfacing PLC's, ERP systems (SAP and others) and is a passionate engineer with strong knowledge about IoT devices, network infrastructures, as well as analog and digital electronics.
Sebastian is four times winner of the 3rd place in the prestigious global AI competition RoboCup. He is member of the RoboCup Executive Committee, and was previously member of the RoboCup Technical Committee. He has extensive experience in Multi-Agent Systems, Machine Learning and AI. He holds a Bachelor’s degree in Computer Science and is a software engineer with more than 18 years experience in a wide rage of languages and technologies.
Mihai is a Machine Learning PhD student with a creative mindset and a passion for optimization and AI. He has more than 10 years of experience in software engineering with focus on enhanced security, reliability and scalability. He has built enterprise software solutions and has provided his technical expertise to EESSI, a European IT system that helps social security institutions across the EU exchange information more rapidly and securely. He has a deep understanding of cryptography, blockchain architectures and algorithms.
Andrei holds a BA in Computer science and an MA in Advanced Computing Systems. He brings to the team an impressive amount of know how from his experience formed at companies such as Microsoft, BOC Group and Qiagen. With an interest in mathematics and formal models he joins Elrond as a valuable member of the team driven to create a safe, open and scalable platform.
Robert holds a BA in Software Engineering and a MA of Engineering in Graphics, Multimedia and Virtual Reality. In the early days as a programmer he was three times Google Summer of Code Student. In the past few years he developed complex algorithms for the Advanced Driver Assistance Systems of Continental. He applied for more than 20 patents in the autonomous car industry and co-founded an eMobility start-up which won an international competition.
Camil holds a Bachelor’s degree in Computer Science, a Master’s degree in Advanced Computing Systems and is currently working on his PhD in Machine Learning. He is very enthusiastic about theoretical Computer Science and has accumulated more than 10 years of experience as a software engineer in Scotland, Romania and Germany, before becoming a freelancer engineer and consultant.
Beniamin is a junior software developer part of Elrond team currently as an intern. He is enrolled in a 4 years Bachelors Computer Science programme. Being fascinated by blockchain technology he joins the team to learn more and become an expert in the field. He is dedicated to Elrond’s mission in creating a scalable value transfer protocol for the digital economy.
Dan has a Bachelor’s degree in Politics, and a Master’s degree in International Business Administration. He has strong communication skills and is especially focused on authentic community building. He believes firmly that decentralization is a very compelling means of changing the status quo.
Daniel holds a Bachelor degree in Politics and International Relations. He worked for leading companies such as Frank Recruitment Group based in the UK, where he was responsible for building the company’s influence on the Nordic market. At Continental AG he focused on recruitment and employer branding creating innovative marketing strategies. Throughout the years he developed skills in Software and IT recruitment, employer branding, social media and marketing.
Larisa holds a Master’s degree in Design. Her extensive experience as a freelancer helps her understand complex requirements and then come up with simple and logical solutions. At Elrond she is focused on translating complex user stories into clear and intuitive design.
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Advisors with relevant experience supporting the team.
New York based entrepreneur and investor. Managing Director at Techstars NYC. Alex was founder/CEO at GetGlue, founder/CEO of Information Laboratory, Chief Architect at DataSynapse. Award winner and seasoned investor with presence in over 90 startups. In addition to being serial entrepreneur, Alex also wrote hundreds of articles on ReadWriteWeb, and taught an award-winning undergraduate software engineering class at New York University.
Professor of economics at George Mason University. He holds the Bartley J. Madden Chair in Economics at the Mercatus Center. Co-founder of Marginal Revolution University: An Online Platform for Learning Economics. Alex is the author of numerous academic papers in the fields of law and economics, criminology, regulatory policy, voting theory and other areas in political economy. He is co-author of Modern Principles of Economics and co-author of the Marginal Revolution economics blog.
Ethereum core developer. He is Co-Leading Prysmatic Labs, the first Sharding Implementation for the Ethereum Protocol. He is a partner at zk Capital, a research-focused blockchain investment fund. In 2014, Raul Co-Founded Kynplex the first ever network of its kind in the life sciences that brings together hubs of scientific innovation online. Thiel Fellow '16. Harvard dropout.
Grigore Roșu is a computer science professor at the University of Illinois at Urbana-Champaign (UIUC), where he leads the Formal Systems Laboratory (FSL). Previously, he was a scientist at NASA, where he coined the term runtime verification with his colleagues. He is interested in programming languages, formal methods and software engineering, and especially in how to combine these to increase the safety, security and dependability of computing systems. Grigore got his Ph.D. from the University of California at San Diego.
Co-Founder of City of Zion and NEX, he holds a MSc in computational mechanics and variational multi-scale modeling, and is a researcher engineer in the petroleum industry. Fabio has developed software in several large projects that have had deployed impact on billions of dollars of assets. He is also Co-founder and CTO of Lemonaid Learning Analytics.
CS PhD from Stanford, Co-Founder of City of Zion and NEX. Creator of Neon wallet. Ethan is an entrepreneur and research scientist with a background in HCI, AI, and blockchain. He has led more than 10 projects to publication in top venues such as CHI, UIST, EMNLP, and AAAI, where they have won multiple awards. In May 2011, Ethan founded a Y Combinator funded startup, Proxino.
VP of Engineering and Head of Bucharest Office at Fitbit. Founder and CEO at Vector Watch. Angel Investor with several tech leadership positions. He serves on board of ANIS – the most active Romanian software association and co-founded Tech Angels and Innovation Labs. From 1995 to 2015 he was an Associate Professor at Politehnica University of Bucharest.