What is Delegated Proof of Stake? | DPoS Guide

What is Delegated Proof of Stake? | DPoS Guide

Delegated Proof of Stake (DPoS) is a consensus mechanism that involves user-voted “delegates” and “witnesses” that validate transactions of a blockchain network. It is a hybrid form of proof of stake (PoS), invented to surmount the scaling issues of traditional blockchains. DPoS is analogous to a democratic government in a blockchain, where users are freely…