Nominated Proof of Stake
Polkadot's variant: nominators back validator candidates with their own slashable stake, and an election algorithm (Phragmén-style) picks the active set while spreading stake as evenly as possible across it. Nominators share both rewards and slashing, so delegation carries real risk unlike most DPoS designs.
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Polkadot's variant: nominators back validator candidates with their own slashable stake, and an election algorithm (Phragmén-style) picks the active set while spreading stake as evenly as possible across it. Nominators share both rewards and slashing, so delegation carries real risk unlike most DPoS designs.
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