How Does ‘Delegated PoS’ Attempt to Address This Centralization Risk?

Delegated Proof-of-Stake (DPoS) attempts to address centralization by allowing all token holders to vote for a limited number of 'delegates' or 'witnesses' who validate transactions. This system aims to create a more democratic process than pure PoS.

While the number of active validators is small (centralized), the selection process is decentralized, as the power is distributed among all token holders who can change their vote.