Delegated Proof-of-Stake (DPoS): A More Efficient Consensus Mechanism
Blockchain networks require secure and efficient consensus mechanisms to validate transactions and maintain decentralization. One such approach is Delegated Proof-of-Stake (DPoS), an evolution of the traditional Proof-of-Stake (PoS) model. DPoS improves scalability and transaction speed by introducing a delegation system where token holders vote for representatives to validate transactions on their behalf.ContentsHow Delegated Proof-of-Stake (DPoS) … Continue reading Delegated Proof-of-Stake (DPoS): A More Efficient Consensus Mechanism
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