#PoS (Proof of Stake)
Proof of stake is an algorithm for validating transactions and mining blocks in some cryptocurrencies. The creator of the next block is selected deterministically among users who already hold coins. This method consumes less energy and computational power than proof of work.
Elrond Now Accepted in Close to Five Mln Online Stores, ERD Price Spikes 10 Percent

Elrond stuns ERD holders with another partnership