Does Elysium really work?

I've been hearing a lot about Elysium and its potential to revolutionize the cryptocurrency space. But the question on everyone's mind is, does Elysium really work? Is it a viable solution to the scalability and security issues plaguing many blockchain networks today? Or is it just another hyped-up project with little to no substance? I'm eager to hear from experts in the field to get a better understanding of Elysium's capabilities and potential impact on the industry.