After being here for 6 years, I have always known and understood most of this, but you definitely put it in layman's terms to understand how DPoS is different than PoS. We have exciting times coming ahead for HIVE and blockchain!
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There is another degree added with DPoS. It is easiest to think of what do you do under PoS if you have stake and no interest in running a node?
With DPoS, simply vote for those who are interested in running the network.
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