Delegated Proof of Stake
Proof of Stake is a scalable, energy-saving alternative to PoW, but it restricts small stake users. In an attempt to level the playing field, some blockchains have introduced various types of Delegated Proof of Stake (DPoS) mechanisms, allowing the token holders to vote and elect the validator set by delegating their holdings to validators, typically incentivized by rewards. Using DPoS, even small-stake CORE holders can delegate their CORE to validator candidates, which empowers the community and incentivizes the democratization of delegated CORE.
Last modified 8mo ago