DPoS – The Hottest Thing in Blockchain; A Look Inside DCore DPoS Mining
DECENT is on the verge of releasing a new miner voting tool for their DCore network which will make it easy for DCT holders to vote for miners in DCore. On the brink of this news, it’s beneficial to look deeper into how DCore mining works, why voting in DPoS (Delegated Proof of Stake) is so important, and why DECENT chose DPoS for their blockchain technology and platform. In DCore DPoS consensus mechanism, stakeholders (DCT holders) have a responsibility to make sure the network is appropriately distributed to ensure the health and security of the blockchain. DCT holders do this by voting for delegates to become witnesses. It is important to point out that in DPoS, miners are often called witnesses and they are responsible for creating blocks in the blockchain. The number of active witnesses running the network is voted on by DCT holders and the more DCT one holds, the more impact each vote has. Currently, the DCore blockchain is maintained by 33 active witnesse...