Scalability is a concern shared by many legacy blockchains. Lucian Todea, Benjamin Mincu, and Lucian Mincu launched Elrond in 2017 to address this issue and other common concerns, such as a lack of security. Elrond protocol is ideal for hosting dApps and other enterprise-grade use cases due to its superior speed, security, and scalability.

Elrond's unique sharded architecture enables it to overcome many of the blockchain's most significant limitations and achieve high throughput. Elrond reduces storage and bootstrapping costs significantly for long-term sustainability.

Check Elrond review and rating on Scortik from the attached link.