Clear DefinitionsNPoS
Pronunciation
[en-pos]
Definition
Abbreviation for Nominated Proof-of-Stake. A Proof-of-Stake system where token holders (nominators) select and stake behind validators.
Key Points
Nominators share rewards and risks (slashing) with their chosen validators.
Aims to improve validator selection and decentralization of stake.
See 'Nominated Proof-of-Stake' for full details.
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