Delegated Proof of Stake (DPoS)

In Delegated Proof of Stake (DPoS), users vote in delegates, also known as validators, to verify and produce blocks. After successfully producing a block, validators may then distribute their block rewards to those who voted for them. Also referred to as ‘witnesses’ or ‘block producers’, only a certain number of these delegates are permitted; and they can change, as others can be voted in instead.

With DPoS, network users pool tokens into a staking pool and vote for the particular delegate they wish. When staking, network users do not need to send their tokens to a particular wallet. Instead, there is a staking mechanism or service provider they can operate through.

Pengguna akan menerima insentif untuk memilih delegasi yang kemungkinan akan bertindak demi kepentingan dan menguntungkan jaringan. Ini karena pengguna juga menerima bagian dari reward yang didistribusikan kepada delegasi yang berhasil.

Reward pengguna dari delegasi mereka terkait dengan bagian dari total staking yang mereka wakili. Misalnya, jika seorang pengguna memberi 10% dari total staking pool, ia akan menerima hingga 10% dari total reward yang didistribusikan.