What Is Delegated Proof of Stake (DPoS)?

Delegated Proof of Stake

Delegated Proof of Stake is a blockchain consensus mechanism where network users vote and elect delegates to validate the next block.

Like a traditional proof-of-stake mechanism, DPoS uses a collateral staking system. However, it also uses a specific democratic process designed to address POS’s limitations. This allows it to offer a more affordable, efficient, and fair way to validate transactions.