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dido:public:ra:xapend:xapend.k_consensus:02_mechanism:dpos

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dido:public:ra:xapend:xapend.k_consensus:02_mechanism:dpos [2021/08/13 13:55]
murphy
dido:public:ra:xapend:xapend.k_consensus:02_mechanism:dpos [2021/08/18 10:22] (current)
murphy
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 **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.k_consensus/02_mechanism/dpos.1628877324.txt.gz · Last modified: 2021/08/13 13:55 by murphy