Tezos makes use of a singular consensus mechanism referred to as ‘Liquid Proof-of-Stake’ that allows token holders to take part within the community whereas at all times remaining management of their tokens. When Token holders delegate their tokens to bakers, they are going to obtain a staking rewards from the baker, nonetheless, token holders switch their voting rights for upcoming proposals. When delegating to a baker, token holders at all times have the liberty to change bakers at anytime and have full possession of their tokens always, thus at all times being ‘liquid.’
The supply of data from the video is transcribed from Jacob Arluck’s article: https://medium.com/tezos/liquid-proof-of-stake-aec2f7ef1da7
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