Delegated Byzantine Fault Tolerance (dBFT) is a consensus mechanism designed to ensure that blockchain transactions are verified accurately. In this system, a group of nodes, known as delegates, are responsible for validating transactions and adding them to the blockchain.
These delegates are selected through a voting process, where coin holders choose individuals or entities to represent their interests. Once chosen, these delegates work together to reach a consensus on the validity of transactions.
dBFT is based on the Byzantine Fault Tolerance (BFT) algorithm, which ensures that transactions are processed quickly and efficiently. This system is considered to be highly secure, as it would require a significant portion of the network’s delegates to collude in order to compromise the integrity of the blockchain.
Overall, dBFT provides a decentralized approach to verifying transactions, while also maintaining a high level of security and efficiency.
