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Delving into the heart of blockchain, consensus mechanisms ensure security and agreement. Proof of Work (PoW) demands computational power, securing Bitcoin. Proof of Stake (PoS) rewards validators based on their holdings, more energy-efficient. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) aim to enhance scalability and efficiency. Each has its pros and cons, shaping the future of crypto networks.
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