Delegated Proof of Stake (DPoS)

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Definition

What is Delegated Proof of Stake (DPoS)?

An evolution of Proof of Stake that uses a democratic voting system to select a small group of "delegates" responsible for validating blocks and securing the network. This hierarchical structure allows for significantly higher transaction speeds (TPS) and scalability, making it a preferred choice for high-performance blockchain ecosystems.

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