What Is the Difference between Delegated PoS (DPoS) and Pure PoS?
In pure PoS, participants directly run a validator node by staking their coins. In Delegated Proof-of-Stake (DPoS), coin holders vote for a limited number of delegates (witnesses) who then run the validation nodes.
DPoS allows for faster transaction speeds but introduces a degree of centralization due to the smaller set of active validators.
Glossar
Consensus Mechanism
Efficacy ⎊ : The mechanism's efficacy is measured by its ability to achieve agreement on transaction ordering and state transition while maintaining a high degree of decentralization and finality.
Degree of Centralization
Metric ⎊ The degree of centralization quantifies the distribution of control and influence within a decentralized network, often measured by the concentration of staking power, mining hash rate, or governance voting rights.
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.
Delegated PoS
Mechanism ⎊ Delegated Proof-of-Stake (DPoS) represents a consensus algorithm where token holders elect a limited number of delegates or witnesses to validate transactions and produce new blocks.