Delegated Proof of Stake

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf gptkb:algorithm
gptkbp:abbreviation gptkb:DPoS
gptkbp:category Byzantine Fault Tolerance
gptkbp:contrastsWith gptkb:Proof_of_Work
gptkb:Proof_of_Stake
gptkbp:dependsOn voting process
gptkbp:feature energy efficient
delegates can be replaced by voting
delegates produce blocks
increases transaction throughput
reduces centralization risk
token holders vote for delegates
https://www.w3.org/2000/01/rdf-schema#label Delegated Proof of Stake
gptkbp:introducedIn gptkb:BitShares
2014
gptkbp:numberOfDelegates variable
gptkbp:proposedBy gptkb:Daniel_Larimer
gptkbp:usedIn gptkb:EOS.IO
gptkb:TRON
gptkb:cryptocurrency
gptkb:Steem
gptkbp:bfsParent gptkb:Proof_of_Stake
gptkb:Blockchain
gptkbp:bfsLayer 5