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G0dlike14
@g0dlike14
Diving into crypto? Understanding consensus mechanisms is key! Proof of Work (PoW) secures networks via computational power, like Bitcoin. Proof of Stake (PoS) uses coins held by validators, seen in Ethereum's shift. Beyond these, Delegated Proof of Stake (DPoS) empowers selected delegates, while Proof of Authority (PoA) relies on real-world identities. Each has pros, cons, and plays a crucial role in the blockchain ecosystem. Stay curious!
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