Delegated Consensus

Delegated Consensus is a model where token holders vote for a smaller, fixed number of delegates to handle the task of block validation on their behalf. This approach is designed to increase transaction throughput and network efficiency by limiting the number of active participants in the consensus round.

Participants who delegate their stake receive a share of the rewards generated by the chosen delegates. This structure fosters a more democratic ecosystem while maintaining the performance advantages of a smaller validator set.

However, it requires careful governance to prevent centralization and ensure that delegates remain accountable to the voters. It is commonly used in high-speed networks that prioritize scalability over absolute decentralization.

Epoch Boundary Scheduling
Governance Centralization
Validator Set Selection
Byzantine Quorum Intersection
Consensus Mechanism Speed
Validator Selection Probability
On-Chain Consensus Mechanisms
Consensus-Based Price Feeds