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Energy consumption is lower. The DPoS mechanism further reduces the number of nodes to 101. Under the premise of ensuring network security, the energy consumption of the entire network is further reduced, and the network operating cost is the lowest.
More decentralized. At present, for Bitcoin, individual mining is no longer realistic. Bitcoin's computing power is concentrated in the hands of several large mining pools, each of which is centralized, just like a trustee of DPoS Therefore, the encryption currency of the DPoS mechanism is more decentralized. The cryptocurrency of the PoS mechanism (such as the future currency) requires users to open the client. In fact, users do not open the computer every day. Therefore, the real network nodes are maintained by several shareholders, and the degree of decentralization cannot be compared with DPoS Mechanism of cryptocurrency compared.
Faster confirmation speed. The time for each block is 10 seconds, a transaction (after 6-10 confirmations) is about 1 minute, and a complete 101 block cycle only takes about 16 minutes. Bitcoin (PoW mechanism) takes 10 minutes to generate a block, and it takes 1 hour to complete a transaction (after 6 blocks are confirmed). It takes about 1 hour to confirm a transaction with Pediancoin (PoS mechanism).