Glossary term

Delegated Proof of Stake

Takes the fundamentals of proof of stake and adds a democratic element whereby the community elect Witness’ to secure the network and vote power is determined by the…

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

Takes the fundamentals of proof of stake and adds a democratic element whereby the community elect Witness’ to secure the network and vote power is determined by the size of their staked assets.