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
- Account Information Service (AIS)
- Initial Coin Offering (ICO) Definition
- ERC-20 Definition
- Sub-Chain Definition
- Digital Payment Definition
