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A Look at XDC Network & Delegated Proof-of-Stake in 2022 by@rorypalmer
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A Look at XDC Network & Delegated Proof-of-Stake in 2022

by Rory Palmer3mNovember 29th, 2022
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Delegated Proof-of-Stake (DPoS) uses a voting and delegation system to secure the network. Instead of running a full node, participants elect a node to act as a validator on their behalf. The more tokens a node has staked, the more influence they have over the voting process. The number of tokens held determines voting power in the DPoS system. The block will not be validated if the delegate does not confirm the transactions in time, and the block is verified promptly.

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Rory Palmer

Rory Palmer

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Rory Palmer@rorypalmer
I share insights about the latest developments in startups, blockchain technology, apps and artificial intelligence.

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