Delegated Proof-of-Stake (dPOS)

Di CoinGecko | Aggiornato il 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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Termini correlati

YTD
Acronym for Year-to-date
Watchlist
A personally defined list of values to watch over for activity or changes.
Full node
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UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
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