What is DPoS (Delegated Proof of Stake)?

Delegated Proof Of Stake (DPoS) is an algorithm which is a progression of the essential concepts of Proof Of Stake. DPos framework is controlled by an election framework for picking nodes which confirm blocks. These nodes are called “block producers”. In the Proof of Stake consensus framework, every individual who stakes a token can participate in the “mintage” process which implies that they get an opportunity to choose layer two nodes which further validates blocking and be rewarded for adding blocks to blockchain.