Review:
Delegated Proof Of Stake (dpos)
overall review score: 4.2
⭐⭐⭐⭐⭐
score is between 0 and 5
Delegated Proof of Stake (DPoS) is a consensus algorithm used in blockchain technology, where selected individuals or entities are chosen to validate transactions and create new blocks.
Key Features
- Efficiency in block creation
- Scalability for large networks
- Democratic selection of block producers
Pros
- High transaction throughput
- Energy-efficient compared to Proof of Work
- Democratic governance model
Cons
- Centralization risk with a small number of block producers
- Vulnerability to collusion among block producers