What is DPoS? Delegated Proof of Stake Explained

Consensus mechanisms play a crucial role in verifying the legitimacy of blockchain networks by fostering trust, security, and agreement among network participants. In this approach, all nodes in a decentralized network must agree on the state of a blockchain. Blockchains traditionally incorporated Proof of Stake (POS) and Proof of Work (POW). To increase security, Bitcoin, [...]The post What is DPoS? Delegated Proof of Stake Explained appeared first on Tekedia.

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