Delegated proof-of-stake is a consensus algorithmA consensus algorithm is a computer-generated process to achieve agreement on a single data value amongst disparate parties. It is... Read More where tokenTokens and Coins are often erroneously regarded as interchangeable terms. However, while both Tokens and Coins share technical similarity, tokens... Read More holders can voteA vote on a blockchain is an encrypted submission of preferences stored as a record resistant to change on the... Read More for delegates to validate transactions and produce blocksGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More on a blockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More. Block producers are usually selected based on stake weight (those with more tokens have more say in who creates blocks). The delegates holding the most votes have the most power. They tend to produce the most and receive the most rewards. Some protocols may have a built-in mechanism to balance block production and rewardA reward is an incentive given to a miner who successfully hashes a transaction block. The reward for completing a... Read More so that all delegates have an equal opportunity. Delegated proof-of-stake is an alternative to proof-of-workThe plugin doesn't mess with the featured image feature either, but allows WordPress and the theme we choose to hide/show... Read More blockchainA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... because it uses less energy and is more efficient with a tradeoff for some degree of centralization.
