Delegated Proof of Stake, DPoS, is consensus where token holders elect a small set of delegates or witnesses to produce blocks. Elections are continuous. A bad delegate can be voted out. Fewer block producers means consensus in seconds rather than minutes, which fits exchanges and games. It also avoids Proof of Work energy use.
Voting is governance. Shifting votes signals support for upgrades. Delegates who ignore voters lose the job. Throughput is the gain. The cost is a smaller validator set, so collusion and cartel risk are higher than in wide Proof of Stake. DPoS chains are used for public infrastructure experiments, supply-chain tracking, and on-chain finance apps that want fast finality.
The election is continuous, so underperforming delegates can be replaced at any time. This structure combines stake-based security with faster throughput than traditional Proof of Work or plain Proof of Stake. This makes DPoS suitable for applications that need near-instant finality, like decentralized exchanges or gaming platforms. DPoS lets token holders elect a small set of block producers.
EOS and Tron used this. Turnout and cartel risk are the usual criticisms.
Delegated Proof of Stake (DPoS)
Token holders elect delegates to validate blocks. Click voters to cast votes, watch the election process, and see how delegates produce blocks based on their voting power.
Token Holders (Voters)
Select a delegate below, then click voters to cast votes