Delegated Proof-of-Stake (DPoS)
Definition of what Delegated Proof-of-Stake (DPoS) stands for (in finance):
A blockchain consensus mechanism where stakeholders vote for delegates to validate transactions, enhancing scalability and efficiency.
More Term Definitions
- Super Peer Definition
- Call Level Definition
- Zero-Knowledge Proof (ZKP) Definition
- Scaled Agile Framework (SAFe) Definition
- Big Data Definition