> For the complete documentation index, see [llms.txt](https://tokens-economy.gitbook.io/consensus/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tokens-economy.gitbook.io/consensus/chain-based-proof-of-stake/traditional-proof-of-stake-tiered-proof-of-stake-tpos.md).

# Traditional Proof of Stake / Tiered Proof Of Stake (TPOS)

TPOS or Traditional Proof of stake is a form of the algorithm through which a cryptocurrency Social Network Blockchain aims to realize distributed agreement. In TPOS-derived currencies, the originator of the next block is selected through different combinations of random collection and the stake.

## Used in

XSN

## Pros

* Payments through processing dealings counts mainly on coin holders instead of on miners.