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In this video i show you guys how Crypto mining will soon be obsolete and replaced with Delegated Proof Of Stake (DPOS) and Delegated Proof Of Authority (DPOA).We are constantly evolving, out with the old and in with the new, mining is becoming ancient DPOS & DPOA are the new solutions!
What is Delegated Proof Of Stake ?
Delegated Proof-of-Stake Consensus is a robust and flexible consensus protocol.
Delegated Proof of Stake (DPOS) is the fastest, most efficient, most decentralized, and most flexible consensus model available. DPOS leverages the power of stakeholder approval voting to resolve consensus issues in a fair and democratic way. All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates. Deterministic selection of block producers allows transactions to be confirmed in an average of just 1 second. Perhaps most importantly, the consensus protocol is designed to protect all participants against unwanted regulatory interference.
What is Delegated Proof Of Authority ?
DPOA (Delegated Proof of Authority) is a self-consensus algorithm, to ensure faster performance than any other consensus algorithm by selecting the node with the highest reputation
score as a representative through the reputation evaluation chain.
You might have a question on the delegated representative.
This node is verified through a high reputation score from the Reputation Evaluation Chain through its activity to benefit and to contribute to the blockchain network.
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