KILT Protocol is shifting from NPoS into Limited Delegated Proof of Stake ( LDPoS)

1/ KILT Protocol decided to change from Nominated Proof of Stake Network into Limited Delegated Proof of Stake mechanism, which better supports them in the long term.

2/ LDPoS is a Delegated Proof of Stake (DPoS) consensus mechanism that limits the number of delegators and the number of collators to whom they can delegate their stake.

3/ Shifting into LDPoS, their network will have collators and delegators. In order to back collators they trust in the system, delegators can use their KILT tokens.

4/ With the aim to provide a secure, private service for the community, the fact that they implemented LDPoS would optimise their design as a decentralized blockchain which be self-sestainable over the long term.

5/ Read the full article at: https://kilt-protocol.medium.com/the-continuing-evolution-of-kilt-protocol-limited-delegated-proof-of-stake-640403427c48

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PolkaWarriors - A non-profit & unofficial worldwide community of $DOT hodlers., we aims to promote and educating the... Show More