CryptoCore Wallet
  • Abstract
  • Introduction
  • How to create Wallet?
  • Roadmap
  • Blockchain
  • Background
    • Related Works
  • Satoshi Plus Consensus
    • Major components, roles, and workflows
    • Proof of Work
    • Delegated Proof of Stake
    • Validator Election
    • Rewards
    • Security
      • Short-Range Attacks
  • Future Explorations
  • Governance
    • DAO
    • Progressive Decentralization
  • Conclusion
  • Glossary
    • References
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  1. Satoshi Plus Consensus

Delegated Proof of Stake

Proof of Stake is a scalable, energy-saving alternative to PoW, but it restricts small stake users. In an attempt to level the playing field, some blockchains have introduced various types of Delegated Proof of Stake (DPoS) mechanisms, allowing the token holders to vote and elect the validator set by delegating their holdings to validators, typically incentivized by rewards. Using DPoS, even small-stake CRYPTOCORE holders can delegate their CRYPTOCORE to validator candidates, which empowers the community and incentivizes the democratization of delegated CRYPTOCORE .

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Last updated 2 years ago