====== Leased Proof of Stake (LPoS) ======
[[dido:public:ra:xapend:xapend.k_consensus:02_mechanism:start | Return to Consensus Mechanism ]]

**Leased Proof of Stake (LPoS)** is an enhanced version of the [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_stake_pos|Proof of Stake (PoS)]] consensus mechanism that operates on the Waves [[dido:public:ra:xapend:xapend.a_glossary:p:platform|platform]]. 

Unlike the regular Proof-of-Stake method where each [[dido:public:ra:xapend:xapend.a_glossary:n:node|node]] with some amount of [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency|cryptocurrency]] is entitled to add the next [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]], users can lease their balance to [[dido:public:ra:xapend:xapend.a_glossary:f:full|full nodes]] in this [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm|consensus algorithm]]. And the one that leases the bigger amount to the full node has a higher probability of generating the next block. Also, the leaser is then rewarded with a percentage of the transaction fee that has been collected by the complete node. 

This PoS variant is an efficient and safe option for the development of public cryptocurrencies.[[dido:public:ra:xapend:xapend.k_consensus:09_ref:bhardwaj]]

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