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
- Single Sign-On (SSO) Definition
- Hyperledger Definition
- Alternative Financing Definition
- Web Application Definition
- Hyperscaling Definition
