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Crypto Briefing 2019-07-25 16:30:24

DPOS Blockchains: Is Decentralization At Stake?

Delegated proof-of-stake (DPOS) is a consensus mechanism in which coinholders stake their coins with large node operators (aka delegates, witnesses, or block producers). Instead of mining, coinholders elect delegates to create blocks and provide computing power. This is less energy-intensive than proof-of-work schemes, and allows much higher transaction throughput than other blockchains. DPOS was created […]The post DPOS Blockchains: Is Decentralization At Stake? appeared first on Crypto Briefing.

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