Delegated Proof of Stake (DPoS)

Delegated Proof of Stake (DPoS) enhances efficiency through its consensus mechanism, which requires stakeholders to nominate delegates to validate transactions and produce new blocks. It negates the number of nodes and eliminates Proof-of-Work protocols that are hugely draining, requiring massive energy consumption. It also helps to maintain governance and accountability. Essentially, it’s a way to make sure the system is fair and efficient while letting everyone have a say!