Leading Digital Publication “Cavaleria” Becomes The First Elrond Staking Provider Powered By 100% Renewable Energy
The Elrond Network is a carbon negative blockchain. We achieve this by offsetting more CO2 than the network accounts for, via verified investments in sustainability projects.
Today we are excited to announce that Cavaleria Staking has joined to support us in our sustainability mission by becoming a staking provider powered by 100% renewable energy!
The new staking provider is the blockchain branch of Cavaleria, a leading digital publication in Romania led by renown TV anchor and youtube influencer George Buhnici.
“We’ve had the opportunity of discovering Elrond at a very early stage and have been fascinated with the amazing progress that a Romanian tech-startup was able to make at a global scale. We’re excited to finally put some skin in this exciting game and support the sustainable development of the Elrond Network.” said George Buhnici, CEO Cavaleria.
“Cavaleria Staking joining as a staking provider brings more sustainable decentralization to our ecosystem, and has the potential to be an important growth vector for Elrond in Romania via the vast exposure to the highly engaged and tech savvy community of Cavaleria and George Buhnici.” said Beniamin Mincu, Elrond Network CEO.
The Cavaleria Staking delegation pool is live and can be accessed via Maiar or directly here: https://staking.cavaleria.ro/
About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1,000-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 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Cavaleria Staking
Cavaleria Staking is the blockchain branch of the Cavaleria digital life-style magazine. By running server infrastructure on 100% renewable energy, we support the development of blockchain technology and further want to encourage a shift towards sustainability on the Romanian high-tech space.
Beniamin Mincu, the co-founder & CEO of MultiversX, is a distinguished tech visionary and one of Europe's early blockchain pioneers. With a notable background as Product & Business at Nem Core in 2014, he subsequently founded and led MetaChain Capital as its CEO. Beniamin continues to shape the future of technology and blockchain with his unwavering vision and leadership.
