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Understanding blockchain consensus mechanisms is key to grasping crypto's future. Proof of Work (PoW) secures networks like Bitcoin with energy-intensive mining. Proof of Stake (PoS) rewards validators based on holdings, offering lower energy use. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Proof of History (PoH) aim to enhance scalability and efficiency. Each has pros and cons; exploring them helps navigate the evolving crypto landscape.
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