Proof-of-Stake (PoS)</strong></a> </strong>algorithm was created as an alternative to <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-work-pow/">Proof-of-Work (PoW)</strong></a> </strong>as it had some issues and limitations. One of which is the extensive energy resource requirement for mining.</p>\n<p>The PoS system, on the other hand, does not have mining in general. Alternatively, <strong>the quantity of coins staked is used to validate newly added blocks on the blockchain</strong>. Individuals set a certain number of coins as a stake. Then, at random, those having stakes are given validation rights for the next block.</p>\n<p>If the quantity of coins a user stakes is reasonably high, their chances of getting validation rights in each round are also higher.</p>\n<p>PoS systems lowered the computational prices of running the blockchain, as well as made sure that corruption is less likely to occur. This is the case because a fraudster would be obligated to have a minimum of 51% of the total coins on the chain if he wanted to succeed.</p>\n<p>On the flip side, <strong>Delegated Proof-of-Stake (DPoS)</strong> system blockchains are quicker than those that operate on PoW or PoS. Participants of the DPoS system also stake coins. However, the difference is that <strong>delegate groups are in charge of reaching an agreement</strong>, rather than being responsible for validating blocks individually.</p>\n<p>These delegates are chosen depending on their image and presumed reliability. Moreover, the notion among supporters of DPoS is that the system encourages positive behavior among delegates because <strong>the community can vote them out and replace them at any moment</strong>.</p>\n<p>Nevertheless, DPoS is in its early stages of development. 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Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in 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Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto 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Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":260,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Delisting?","slug":"what-is-delisting","section":"D","keyword":"Delisting","status":"published","definition":"is the process of deleting a stock, cryptocurrency, or asset from an exchange platform.","content":"<p><strong>Delisting can take place in a voluntary or involuntary manner. Also, it typically ends up with the company discontinuing procedures, declaring bankruptcy, seeking to become private, or failing to meet the listing requirements.</strong></p>\n<p>There is a variety of reasons as to why projects get delisted, a few of such are the absence of protocol development, dangerous acts, no business and customer engagement, faulty network, or lack of regular trading activity.</p>\n<p><strong>Burger King</strong>, for example, voluntarily delisted from the New York Stock Exchange in 2010. A private takeover by 3G Capital triggered the delisting. Two years later, the private corporation was relisted and traded again before merging with a new firm that is now traded on the Toronto Stock Exchange.</p>\n<p>Additionally, prior to performing a full examination, the world's largest cryptocurrency exchange delisted RCN &amp; WPR, OST projects.</p>\n<p>Even though it only happens in exceptional circumstances, companies are able to ask to get their shares <strong>re-listed</strong> after they solve the problem and follow the listing terms. Investors usually are not sure about relisting a company, and the success during the second term might be temporary.</p>\n<p>Despite the fact that there are organizations that get delisted without violating the major rules, the concept safeguards markets from being submerged with poor securities from issuers who might be coming to the end of their life loop.</p>\n<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-exchange/">Exchanges are working on lowering the systemic danger linked with the market and protecting investors by making sure that all issuers comply with precise regulatory terms.</p>\n<p>After being delisted, the asset can&rsquo;t be bought or sold on an exchange. On the other hand, if an organization becomes private or is bought, this may be a sign that it has delisted voluntarily. However, if the company doesn&rsquo;t manage to meet the listing requirements that are set out by exchanges, it is delisted involuntarily.</p>\n<p>Besides, listing requirements are often considered to be <strong>complex,</strong> and several issuers, as well as securities, might have a particular set of rules.&nbsp;</p>\n<p>In general, these include timely submission of financial statements, a stock value above a particular level, an acceptable number of shareholders, a minimum market capitalization barrier, or certain revenue, gains, cash flow, and trading activity requirements.</p>\n<p>Delisting typically has reasonable ramifications. Investors find it more difficult to assess and acquire business shares that are not listed on major exchanges. This means that the corporation will not issue fresh stock to the market to support its new business endeavors.</p>\n<p>Looking from a crypto perspective, <strong>if a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-coin/">coin gets delisted, all of its trading sets are deleted from the cryptocurrency exchange.</strong> Nevertheless, investors who have previously invested in the delisted project are given a deadline to retrieve their funds, after which the crypto project is no longer accessible in any format on that cryptocurrency exchange.</p>","level":"medium","meta_title":"What is Delisting? Definition & Meaning | Crypto Wiki","meta_description":"Delisting meaning: Delisting - is the process of deleting a stock, cryptocurrency, or asset from an exchange platform.","meta_keywords":null,"language":"en","created_at":"2022-03-03T14:27:08.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-delisting"},"prevSection":{"id":258,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Deflation?","slug":"what-is-deflation","section":"D","keyword":"Deflation","status":"published","definition":"is an overall decline in prices for products and services.","content":"<p>Deflation is defined as a general decrease in the prices of goods and services. Whether the economy, money supply, or price level is deflating or inflating, it alters the desirability of various investment possibilities.</p>\n<p>Nowadays, the money supply usually depends on central banks. When the supply of money decreases without economic output falling alongside, then the prices of products typically decrease as well. <strong>Periods of deflation usually happen after long periods of artificial monetary expansion.</strong></p>\n<p>From a <a href=https://www.bitdegree.org/"/crypto/buy-bitcoin-btc/">Bitcoin perspective, deflation shows the cryptocurrency&rsquo;s maximum supply. To be exact, the total amount of Bitcoins mined will always be <strong>21 million</strong>, and no new coins will be issued. Besides, when private keys are lost and coins become unrecoverable, the circulating supply of Bitcoin will decrease over time.</p>\n<p><em>Many other coins are deflationary as well.</em></p>\n<p>The impact of a deflationary system was always on the mind of the Bitcoin community. Individuals who seek that currency transforms into a widespread means of exchange, the worries about deflation go hand in hand with debates on subdivisions of Bitcoin.</p>\n<p>Crypto enthusiasts assume that Bitcoin's hypothetical <strong>unlimited value</strong> will aid in the resolution of potential deflationary issues.</p>\n<p>Others argue that the issue is not with crypto's deflationary character, but with <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">fiat currencies'</strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-inflation/">inflationary tendency. The same individuals usually say that prices will decrease themselves in the Bitcoin economy as a result of boosts of efficiency and upgrades.</p>\n<p>Likewise, they argue that a deflationary cycle will not occur since Bitcoin operates on a genuine and restricted monetary supply rather than on fictitious loans.</p>\n<p>Looking at the history of economics, deflationary currency networks seem to be rather uncommon. Cryptocurrencies might have showcased the very first example of such networks.</p>\n<p>This is why economists are interested in deflationary systems. In fact, a few of them suggest that crypto&rsquo;s deflationary characteristic will revolutionize humankind's approach to money, completely. Others are not that optimistic, believing that a deflationary currency system will unavoidably cause <strong>liquidity and hoarding issues.</strong></p>","level":"medium","meta_title":"What is Deflation? Definition & Meaning | Crypto Wiki","meta_description":"Deflation meaning: Deflation - is an overall decline in prices for products and services.","meta_keywords":null,"language":"en","created_at":"2022-03-03T14:19:18.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-deflation"},"currentChapter":"D","currentSection":"what-is-delegated-proof-of-stake","chapterTitle":"D","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-delegated-proof-of-stake","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter D

What is Delegated Proof-of-Stake?

Delegated Proof-of-Stake MEANING:
Delegated Proof-of-Stake - an alternative to the Proof-of-Stake consensus mechanism in which users have to vote and elect delegates for block validation.
Easy
1 minute

Let's find out Delegated Proof-of-Stake meaning, definition in crypto, what is Delegated Proof-of-Stake, and all other detailed facts.

Proof-of-Stake (PoS) algorithm was created as an alternative to Proof-of-Work (PoW) as it had some issues and limitations. One of which is the extensive energy resource requirement for mining.

The PoS system, on the other hand, does not have mining in general. Alternatively, the quantity of coins staked is used to validate newly added blocks on the blockchain. Individuals set a certain number of coins as a stake. Then, at random, those having stakes are given validation rights for the next block.

If the quantity of coins a user stakes is reasonably high, their chances of getting validation rights in each round are also higher.

PoS systems lowered the computational prices of running the blockchain, as well as made sure that corruption is less likely to occur. This is the case because a fraudster would be obligated to have a minimum of 51% of the total coins on the chain if he wanted to succeed.

On the flip side, Delegated Proof-of-Stake (DPoS) system blockchains are quicker than those that operate on PoW or PoS. Participants of the DPoS system also stake coins. However, the difference is that delegate groups are in charge of reaching an agreement, rather than being responsible for validating blocks individually.

These delegates are chosen depending on their image and presumed reliability. Moreover, the notion among supporters of DPoS is that the system encourages positive behavior among delegates because the community can vote them out and replace them at any moment.

Nevertheless, DPoS is in its early stages of development. In that aspect, it is still not reliable enough to be the primary mechanism of money-transacting blockchains.
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