The emergence of the delegated proof of stake consensus mechanism (DPoS)
Blockchain technology, still maturing like the internet in its early days, evolved from PoW to PoS to address inefficiencies. However, PoS had its own issues. In 2014, delegated proof of stake (DPoS) emerged, enhancing both by balancing efficiency, decentralization, and security.
Although it has existed for more than a decade, blockchain technology is still a relatively new concept.
Think about the internet for a moment - one could argue that its first iteration was the ARPANET, launched in 1969. After all, this was the f
View OriginalBlockchain technology, still maturing like the internet in its early days, evolved from PoW to PoS to address inefficiencies. However, PoS had its own issues. In 2014, delegated proof of stake (DPoS) emerged, enhancing both by balancing efficiency, decentralization, and security.
Although it has existed for more than a decade, blockchain technology is still a relatively new concept.
Think about the internet for a moment - one could argue that its first iteration was the ARPANET, launched in 1969. After all, this was the f