Address Delegation

A person, rather than holding some crypto tokens idly in a wallet, entrusts it to a staker so it can be used to validate transactions. Address delegation is a mechanism within the cryptocurrency ecosystem that allows token holders to participate indirectly in the network's consensus process. This process is particularly relevant in blockchain networks that use Proof of Stake (PoS) or its variants (such as Delegated Proof of Stake, DPoS) as their consensus mechanism. Instead of merely keeping their tokens idle in a digital wallet, token holders can delegate their tokens to a validator, also known as a staker, who is responsible for validating transactions and maintaining the integrity of the blockchain.