ponto:NPoS leaf node


URI

http://www.mobr.ai/ontologies/ponto#NPoS

Label

Nominated Proof of Stake

Description

A Proof-of-Stake system where nominators back validators with their own stake as a show of faith in the good behavior of the validator. Nominated Proof-of-Stake differs from the more generic concept Delegated Proof-of-Stake in that nominators are subject to loss of stake if they nominate a bad validator; delegators are not subject to loss of stake based on the behavior of the validator. Note that some other blockchain technologies may use the term Delegated Proof-of-Stake, even if delegators can be slashed. Polkadot uses the Phragmén method to allocate stake to nominees.

Usage

Instances of ponto:NPoS can have the following properties:

PROPERTYTYPEDESCRIPTIONRANGE
From class ponto:ProofOfStake
ponto:usesProofOfStake owl:ObjectProperty A Validator that participates in the ProofOfStake consensus mechanism. ponto:Validator

Implementation

@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix ponto: <http://www.mobr.ai/ontologies/ponto#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .

ponto:NPoS a owl:Class ;
    rdfs:label "Nominated Proof of Stake" ;
    rdfs:comment "A Proof-of-Stake system where nominators back validators with their own stake as a show of faith in the good behavior of the validator. Nominated Proof-of-Stake differs from the more generic concept Delegated Proof-of-Stake in that nominators are subject to loss of stake if they nominate a bad validator; delegators are not subject to loss of stake based on the behavior of the validator. Note that some other blockchain technologies may use the term Delegated Proof-of-Stake, even if delegators can be slashed. Polkadot uses the Phragmén method to allocate stake to nominees." ;
    rdfs:subClassOf ponto:ProofOfStake .