Delegated Proof of Stake (DPoS)
Overview
Delegated Proof of Stake (DPoS) is the component of Satoshi Plus consensus that enables CORE token holders to participate in network security by voting for validators via the delegation of tokens.
DPoS establishes a direct economic relationship between CORE token holders and network security:
- CORE token holders gain voting power and earn rewards proportional to their stake
- Validators compete for delegation to increase their election probability
- The network benefits from distributed token-holder participation in validator selection
How DPoS Works
1. Token Delegation
CORE token holders participate by delegating their tokens to chosen validators:
- Delegate CORE tokens to one or more validators
- Voting power is proportional to the amount of CORE tokens delegated
- Modify delegations at any time
2. Validator Election
Validators with higher total delegated CORE tokens have higher probability of being elected to the active validator set for block production.
3. Reward Distribution
When validators produce blocks:
- Validators earn CORE token rewards
- Validators take a commission (set by each validator)
- Remaining rewards are distributed proportionally to delegators based on their stake
Best Practices for Delegators
- Research validator performance and commission rates before delegating
- Monitor validator uptime regularly
- Consider diversifying delegation across multiple validators
- Claim rewards regularly
Getting Started
To participate in DPoS:
- Research validators and their commission rates
- Select validator(s) and delegation amount
- Confirm delegation and begin earning rewards
Why It Matters
DPoS enables CORE token holders to directly participate in Core's consensus mechanism, creating economic alignment between token ownership and network security. Combined with Bitcoin miner delegation and Bitcoin staking, DPoS contributes to Core's multi-layered security model.
Participate in DPoS at stake.coredao.org