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dido:public:ra:xapend:xapend.a_glossary:d:delegated_proof_of_stake_dpos [2021/08/13 13:55]
murphy
dido:public:ra:xapend:xapend.a_glossary:d:delegated_proof_of_stake_dpos [2021/10/04 13:40] (current)
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 ===== Delegated Proof of Stake (DPoS) ===== ===== Delegated Proof of Stake (DPoS) =====
-[[dido:​public:​ra:​xapend:​xapend.a_glossary| Return to Glossary ]]+[[dido:​public:​ra:​xapend:​xapend.a_glossary:start| Return to Glossary ]]
  
 **Delegated Proof of Stake (DPoS)** is a mechanism where the participants stake their coin and vote for a certain number of delegates such that the more they invest, the more weightage they receive. For example: if user A spends 10 [[dido:​public:​ra:​xapend:​xapend.a_glossary:​c:​coins|coins]] for a delegate and user B invests 5 coins, A’s vote gets more weightage than that of B. **Delegated Proof of Stake (DPoS)** is a mechanism where the participants stake their coin and vote for a certain number of delegates such that the more they invest, the more weightage they receive. For example: if user A spends 10 [[dido:​public:​ra:​xapend:​xapend.a_glossary:​c:​coins|coins]] for a delegate and user B invests 5 coins, A’s vote gets more weightage than that of B.
  
-The delegates also get rewarded in the form of transaction fees or a certain amount of coins.+The delegates also get rewarded in the form of [[dido:​public:​ra:​xapend:​xapend.a_glossary:​t:​transaction_fees|transaction fees]] or a certain amount of coins.
  
 Because of this stake-weighted voting mechanism, DPoS is one of the fastest [[dido:​public:​ra:​xapend:​xapend.a_glossary:​b:​blockchain|blockchain]] consensus models and is highly preferred as a digital democracy.[[dido:​public:​ra:​xapend:​xapend.k_consensus:​09_ref:​bhardwaj]] Because of this stake-weighted voting mechanism, DPoS is one of the fastest [[dido:​public:​ra:​xapend:​xapend.a_glossary:​b:​blockchain|blockchain]] consensus models and is highly preferred as a digital democracy.[[dido:​public:​ra:​xapend:​xapend.k_consensus:​09_ref:​bhardwaj]]
dido/public/ra/xapend/xapend.a_glossary/d/delegated_proof_of_stake_dpos.1628877348.txt.gz · Last modified: 2021/08/13 13:55 by murphy