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
- Money Laundering Definition
- Financial Service Provider (FSP) Definition
- Loan-to-Value (LTV) Definition
- Switch/Switching Definition
- European Payments Initiative (EPI) Definition

