noun
Delegated Proof of Stake (DPoS) is a consensus mechanism designed to enhance the scalability and efficiency of traditional Proof of Stake systems. In DPoS, token holders vote to elect a limited number of trusted validator nodes—called delegates or block producers—who are responsible for validating transactions and creating new blocks.
This system reduces the number of participants needed for consensus, allowing for faster transaction processing and lower energy usage, while still maintaining decentralization through community voting. Delegates can be voted in or out based on performance, promoting accountability.
Popular blockchains that use DPoS include EOS, TRON, WAX, and BitShares. DPoS is often favored for applications requiring high throughput and low latency.