What Is ‘Delegated Proof-of-Stake’ (DPoS)?
DPoS is a variation of PoS where coin holders vote for a limited number of 'delegates' or 'witnesses' who are responsible for validating transactions and maintaining the network. This system offers faster transaction speeds and greater scalability than traditional PoS but can be more centralized, as power is concentrated among the elected delegates.
Glossar
DPoS Centralization
Mechanism ⎊ DPoS centralization describes the inherent structural tendency within Delegated Proof-of-Stake consensus models where token holders delegate their voting power to a limited set of block producers or validators.
Dpos
Architecture ⎊ Delegated Proof-of-Stake (DPoS) is a consensus mechanism architecture that streamlines the block production process by employing a limited, elected set of delegates, often called Block Producers.