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Diving into the heart of blockchain, consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS) ensure security and agreement. PoW requires solving complex puzzles, while PoS selects validators based on their holdings. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) aim to improve efficiency and scalability. Each plays a crucial role in shaping the future of decentralized networks.
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