You’ve probably heard of Proof-of-Stake, but what about its sibling, Delegated Proof-of-Stake (DPoS)? 🤔
This week’s Glossary of the Week breaks down DPoS for you!🫵🏼 Sit tight for a quick overview 👇🏼
🌟What is Delegated Proof-of-Stake? 🌟
--> DPoS is a type of consensus mechanism that represents a modification of the traditional Proof of Stake (PoS) system.
🌟 How?
--> DPoS builds upon PoS by enabling network users to participate in the selection of delegates, who are responsible for validating blocks in the blockchain 🎲
A thread...🧵