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Diving into the heart of blockchain tech, consensus mechanisms ensure network security and efficiency. Proof of Work (PoW) requires computational power, making it secure but energy-intensive. Proof of Stake (PoS) uses validators' holdings, reducing energy consumption. Beyond these, Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT) offer speed and scalability. Each has its pros and cons. Understanding them is key to navigating the crypto landscape.
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