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Consensus mechanisms are the backbone of blockchain, ensuring trust and security. PoW (Proof of Work) relies on computational power, making it energy-intensive but secure. PoS (Proof of Stake) uses tokens as collateral, requiring less energy and favoring long-term holders. Beyond these, we have Delegated PoS, Byzantine Fault Tolerance, and more, each offering unique advantages and challenges. Understanding these mechanisms is key to navigating the crypto landscape.
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