beniamin mincu

Beniamin Mincu is a Romanian Tech Entrepreneur. He graduated from the Faculty of Economic Sciences, Romanian - German University of Sibiu, earning a Bachelor’s degree in Economics, and Management. Business ethics, Finance, Logistics, Macroeconomics, Management, Marketing, Microeconomics, Production management, Project Management, Quality Management, Statistics, and Strategic Management are the courses he learned.

 

Beniamin Mincu is currently Co-founder and CEO of Elrond, which is a new blockchain interpretation designed from a graze to be an internet-scale blockchain, escorting a 1000-fold improvement in throughput, execution speed, and transaction cost. By dint of Elrond, Beniamin attempts to precipitate the advent of a high-bandwidth, transparent, digital financial system, and make it accessible to everyone, everywhere.

 

Beforehand Beniamin was one of the early blockchain pioneers in Europe, engaged since 2014 in the NEM.io core team, and investor in several well-known blockchain startups such as Binance, BAT, and Tezos through MetaChain Capital, which he founded with his brother. He introduced two key innovations, a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a quick, efficient, and secure consensus mechanism. Accordingly, Elrond can process greater than 10,000 transactions per second(TPS), with 5-second dormancy, and inconsequential cost, aiming to become the backbone of a permissionless, borderless, internationally accessible internet economy.