Delegated Proof of Stake

Copy the following HTML iframe code to your website:

App Updates: This App Token now Worth $0.0003/MCDT. Earn & trade via MCDT/WAVES Pairs on Waves DEX

NOTICE: Place Your Ads Here @ $100/Month (crypto payment only)!

WELCOME! DO YOU WANT TO EARN CRYPTO DAILY? - This App Reward Users Daily In Crypto - Click To See How Now!

Share This
« Back to Dictionary Homepage With 1,000+ Crypto Terms

Meaning of Delegated Proof of Stake

A Delegated Proof-of-Stake algorithm helps to validates transactions differently like representative democracy, token stakeholders “elect” validators to secure the Blockchain network.

As a result, transactions are validated faster, making this approach optimal for e-commerce platforms as introduced by platforms like CyberMiles Blockchain.

« Back to Dictionary Homepage With 1,000+ Crypto Terms