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What is Delegated Proof of Contribution (DPoC) (ICON Network)?

Crypto Terms Glossary: What is Delegated Proof of Contribution (DPoC) (ICON Network)?

Delegated Proof of Contribution (DPoC) is a unique economic governance protocol implemented on the ICON Network that leverages the ICON Incentives Scoring System (IISS). DPoC is a variant of Delegated Proof of Stake (DPoS) in that stakers delegate votes towards block validation privileges, but DPoC sees ICX holders delegating towards individuals who have exercised positive participation on the network rather than for particular nodes. The elected entity then validates blocks on a delegate's behalf, and earns crypto rewards accordingly.

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