BTC $96,898.00 (+1.79%)
ETH $3,373.97 (+2.07%)
XRP $2.13 (+0.45%)
BNB $943.67 (+1.22%)
SOL $145.18 (+0.53%)
TRX $0.31 (+1.80%)
DOGE $0.14 (-0.83%)
ADA $0.41 (-0.90%)
XMR $728.35 (+2.36%)
BCH $612.58 (+2.12%)
LINK $14.13 (+1.55%)
LEO $8.89 (-1.31%)
XLM $0.23 (-2.35%)
ZEC $438.31 (+5.33%)
SUI $1.83 (+0.43%)
AVAX $14.37 (-0.43%)
HYPE $25.47 (-1.44%)
LTC $75.80 (-3.63%)
HBAR $0.12 (-0.47%)
SHIB $0.00 (-0.86%)

dPOS

dPOS stands for Delegated Proof-of-Stake and is a type of mechanism used to achieve consensus. Where dPOS is effective, users vote for “delegates” that produce blocks on the relevant blockchain. The voting rights carried by a user is determined by such user’s stake in the relevant project/matter. dPOS strives to be a more effective and environmentally friendly type of consensus protocol than the other alternatives out there.