New Offline Storage Solution for EGLD via NGRAVE Hardware Wallet Integration
As the Elrond Ecosystem continues to expand, the need for enhanced asset security is becoming increasingly more apparent. Today, we take another major step towards offering the community a wider and more comprehensive range of options for safely storing their funds.
The NGRAVE integration offers users a secure way to store EGLD offline on the ZERO hardware physical devices, while enjoying the ease of use of its intuitive user interface.
The next steps in our exciting collaboration include expanding the present integration to also encompass ESDT tokens, offering projects building with internet-scale blockchain technology greater security for asset storage and management.
Elrond is a new blockchain architecture, 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.
NGRAVE is a blockchain security provider offering a secure and user friendly end-to-end solution for the self-sovereign management of individuals’ and business’ digital assets and cryptocurrencies.
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