EOS uses DPoS consensus algorithm, where 21 community voted Block Producers provide the essential computational power, bandwidth and storage for EOS main platform. When EOS main platform goes live, users will be able to cast votes to their desired Block Producer candidates. One EOS can be staked to be one vote, one vote can be used to vote for up to 30 candidates, counting as one vote for each candidate. Users can subsequently change their intended votes to different candidates, reclaiming the staked EOS, which will be unlocked after 72 hours.
Step by step guide
1. In EOS on-chain wallet, click on “+” and select "Vote for BPs" to enter voting interface.
2. Simply click on the circle at the right-hand side of desired Block Producer candidate to vote.
3. Click vote to enter the confirmation page, enter the desired amount of EOS to stake. If you wish to use the default staked EOS to vote, you may proceed to vote directly, if you wish to increase the staking amount, please select “Add stake” and enter the desired amount. Click on “Submit” at the bottom, enter your wallet password to proceed.
4. Enter “Voted” to check on your current votes