Liquid Proof of Stake (LPoS)
By CoinGecko | Updated on Aug 12, 2021
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Related Terms
Address Delegation
Delegation of a wallet's stake to a Super Staker
Soft Cap
Targeted fund raising limit of an ICO
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
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