Delegated Proof of Stake

Frederick: Delegation is probably inevitable because what we see today with blockchains is that most people are perfectly happy giving away their private keys to corporations. So there's no reason to believe that they wouldn't do that in the future as well. We're talking about proof of stake. There are some proof of stake systems in practice but most of them today or all I'm not entirely sure are what's called DPOS or delegated proof of stake system.