Hey HN, co-founder of Elph here!
Excited to share what we've been working on.
Elph is highly scalable blockchain infrastructure for Ethereum. We're capable of handling over 5,000 transactions per second (vs. Ethereum's 15) at a fraction of the cost by using a MapReduce-like technique (lots of transactions that get executed on our chain that get submitted to Ethereum as a single transaction) that retains the trustless and security properties of Ethereum today. (For those in the blockchain space, this is done using concepts from Plasma.)
Happy to answer any questions!
