What is meant by delegated proof of stake in telos
- EOSIO Telos
what is meant by delegated proof of stake in telos, how it works ??
Delegated Proof of Stake means that consensus is decided by nodes that have been delegated this responsibility by other stakeholders (based on stake-weighted voting). This lets high end infrastructure providers operate the network as selected from many candidates by voters. People vote based on how many tokens they have staked. It I have 10 TLOS staked and you have 20 TLOS, your votes are worth twice as much as mine, in general.