What is Delegated Proof of Stake (DPoS)?

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Delegated Proof of Stake (DPoS) is a blockchain consensus mechanism that utilizes a democratic, token-weighted voting system to elect a limited number of "delegates" or "block producers" who are responsible for validating transactions and creating new blocks, significantly enhancing network speed and scalability compared to traditional Proof of Work (PoW) or Proof of Stake (PoS).

Delegated Proof of Stake (DPoS)

What is Delegated Proof of Stake (DPoS)?

What are the core differences between Delegated Proof of Stake (DPoS) and traditional Proof of Stake (PoS)?

How does the election and governance process function within a DPoS blockchain?

What are the key advantages and potential drawbacks of using the DPoS consensus mechanism?

Which major blockchain projects currently utilize Delegated Proof of Stake (DPoS) and what are their performance metrics?

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