Showing posts with label consencus mechanism. Show all posts
Showing posts with label consencus mechanism. Show all posts
Wednesday, March 16, 2016
Delegated Proof of Stake
Who exactly is allows to produce a block at which time instant is defined by a consensus mechanism called Delegated Proof of Stake. In essence, the shareholders of BitShares (holders of the BTS token) can cast a vote for their preferred block producers on the blockchain. Those so called witnesses with the most votes are allowed to produce blocks.
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