Learn how delegated proof-of-stake (DPoS) brings a democratic evolution in blockchain consensus mechanisms.
DPoS is an evolution of the proof-of-stake (PoS) consensus mechanism, designed to offer enhanced scalability, efficiency and democratic governance.
Blockchain technology has revolutionized how we perceive and handle digital transactions, primarily through its decentralized nature and consensus mechanisms. The primary aim of these decentralized mechanisms is to ensure no central gatekeeping in managing a blockchain’s record of transactions and data. Instead, the consensus mechanisms rely on network participants to validate transactions and add them as new blocks on the chain.