Delegated Proof of Stake (DPoS) is a Sybil protection mechanism used by certain distributed ledgers, including Radix. In DPoS, token holders can vote on a set of ‘delegates’ who are responsible for securing the network and validating transactions. These delegates are chosen based on the amount of tokens they hold or have been delegated to them by other token holders.
DPoS on Radix
In the Radix network, DPoS is used to elect validators who are responsible for adding new blocks to the blockchain and ensuring the integrity of transactions. Users can delegate their tokens to specific validators, who then share a portion of the block rewards with their delegators.
Which validator should I delegate to?
Radix’s official advice is the 5-by-5 rule: Spread your stake across 5 reliable validators that each have less than 5% of the total stake.
A list of validators with their stake and uptime data can be found on RadixScan or Avaunt - Radix Validator Dashboard.