A well-managed and a well-explained post. You always try your best to give your best in every task and this is also your best explanation of the Steem blockchain. I liked the way you presented the knowledge of the Delegated Proof of Stake. Off course, it is much scalable and efficient than the Proof of Work mechanism.

PoW networks offer a higher degree of decentralisation than DPoS networks.

You are very right here. The high degree of decentralization in the PoW is due to the reason that the block validators are those who have the ability to solve the complex mathematical calculations through the use of high computational devices. While, in DPoS, the high stakeholders can select the witnesses of their favour and this thing could be a bit centralized process.

Thanks a lot for your great explanation. I wish you success.