Delegated Proof-of-Stake (dPOS)

بواسطة CoinGecko | تم التحديث في Mar 03, 2020
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain. Members of the network vote for delegates through their holdings. Usually the highest voted delegates have the most power and tend to produce the most blocks and therefore rewards. Some protocols have built in mechanisms to balance it out. Overall, the delegated proof-of-stake system was built to counter the energy use and efficiency issues of the proof-of-work blockchain, at the cost of some degree of centralization.

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الشروط ذات الصلة

Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Option
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
Difficulty
A relative measure on how difficult it is to correctly guess a new block
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