Delegation is the act of nominating an entity to act on behalf of another entity. Somewhat reminiscent of traditional political structures, delegation involves handing over voting (governance) rights to a trusted party. 

       Within the world of digital assets, Delegation is a hybrid attempt at fair governance applied to consensus mechanisms. By delegating, end users are still able to participate (minimally) in network governance while delegates are able to amass influence over a network. Delegated structres require less overhead in terms of communication and organization, thereby reducing the time needed to process activity.

      Related Terms:



BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again. will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.