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
- Second-Stage Financing Definition
- Regtech Definition
- Liquidity Pool Definition
- Startup Financing Definition
- Bank Identifier Code (BIC) Definition
