Delegated Proof of Stake (DPoS) is a consensus mechanism used to validate transactions and secure a blockchain network. In DPoS, token holders vote for a select group of delegates or block producers who are responsible for creating new blocks and confirming transactions.This system aims to improve efficiency and scalability compared to traditional Proof of Work (PoW) mechanisms. Because only a few chosen delegates are involved in the validation process, DPoS can achieve faster transaction times and reduce the energy needed for block creation.Token holders participate actively by voting with their tokens. The more tokens one has, the more influence they hold in elections. This can lead to a democratic governance model where the community has a say in who manages the network. However, concerns about centralization may arise if a few delegates gain disproportionate control.Overall, DPoS combines elements of democracy and efficiency, offering a unique approach to maintaining network security and functionality.

Circle Launches Payments Network to Advance Stablecoin Use in Global Transfers
Circle, the issuer of the USDC stablecoin, announced on May 21 the launch of its Circle Payments Network (CPN) on the