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Felix
@c4ptain10
Diving into the heart of blockchain technology, consensus mechanisms like PoW and PoS play crucial roles. Proof of Work (PoW) secures networks by requiring computational power, while Proof of Stake (PoS) uses tokens held as collateral. Beyond these, newer mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer alternatives, optimizing speed and efficiency. Each has its strengths and trade-offs, shaping the future of decentralized networks.
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