miura_eijiro
3 months ago  Karma: 226
What problem does DPoS solve?

What problem does DPoS solve?

en
DPOS
blockchain
miura_eijiro
3 months ago  Karma: 226
What problem does DPoS solve?

What problem does DPoS solve?

en
DPOS
blockchain

3 ANSWERS
gastonnmmenoyoo
3 months ago Karma: 130

DPoS makes some concessions when it comes to decentralization but it is more democratic: it doesn’t require a minimum number of tokens. All users have the right to vote, and the votes are proportional to​ their stake.

DPoS makes some concessions when it comes to decentralization but it is more democratic: it doesn’t require a minimum number of tokens. All users have the right to vote, and the votes are proportional to​ their stake.

ennvlxkm
3 months ago Karma: 761

It is aimed to greatly improve scalability by sacrificing decentralization to a certain extent... which makes it an interesting option for layer 2 scaling solutions such as Loom side chains. Some people don’t like DPoS because it reintroduces trust in the equation (when voting is required​). To conclude, the pros of DPoS as a layer 2 consensus algorithms outweigh the cons.

It is aimed to greatly improve scalability by sacrificing decentralization to a certain extent... which makes it an interesting option for layer 2 scaling solutions such as Loom side chains. Some people don’t like DPoS because it reintroduces trust in the equation (when voting is required​). To conclude, the pros of DPoS as a layer 2 consensus algorithms outweigh the cons.

kayden.hughes
3 months ago Karma: 1622

Besides performance improvements, the delegates are believed to be trustworthy and this is solving the nothing-at-stake problem.

Besides performance improvements, the delegates are believed to be trustworthy and this is solving the nothing-at-stake problem.

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