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secure proof of stake

Elrond’s approach for consensus is called Secure Proof of Stake (SPoS). It innovates in the manner in which validator nodes are selected for consensus out of a shard and also in the steps taken by the validators to complete the consensus process as efficiently as possible.

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What is Elrond crypto (EGLD)?

Elrond – recently rebranded as MultiversX – is a blockchain network that aims to provide a solution to one of the biggest issues of decentralized networks: scalability. Find out more in this article from RR2 Capital.

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