Delegated Proof of Stake (DPoS)

A consensus mechanism wherein holders of the cryptocurrency vote for a certain number of delegates, who are then responsible for validating transactions and maintaining the blockchain. This system is designed to be more efficient and scalable than traditional proof of work systems.

Consensus Mechanism

A Consensus Mechanism is a fundamental component in blockchain technology, allowing multiple parties or nodes...

Tokenomics

Tokenomics refers to the economic policies and principles that govern the issuance, distribution, and management...

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