Nominated Proof of Stake (NPoS)

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf blockchain consensus mechanism
gptkbp:category gptkb:cryptocurrency
cryptocurrency consensus
gptkbp:contrastsWith gptkb:Proof_of_Authority_(PoA)
gptkb:Delegated_Proof_of_Stake_(DPoS)
gptkbp:feature staking rewards
economic incentives
slashing for misbehavior
decentralized validator selection
nominators select validators
validators produce blocks
security through stake backing
gptkbp:hasRole validator
nominator
https://www.w3.org/2000/01/rdf-schema#label Nominated Proof of Stake (NPoS)
gptkbp:introduced gptkb:Web3_Foundation
gptkbp:introducedIn Polkadot mainnet
gptkbp:purpose secure blockchain network
gptkbp:relatedTo gptkb:Proof_of_Stake
gptkbp:usedBy gptkb:Kusama
gptkb:Polkadot
gptkbp:bfsParent gptkb:Proof_of_Stake_(PoS)
gptkbp:bfsLayer 7