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https://opensea.io/collection/dev-21
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G0dlike17
@g0dlike17
Consensus Mechanisms Demystified: PoW & PoS Proof of Work (PoW) and Proof of Stake (PoS) are the backbone of blockchain. PoW ensures security through computational power, while PoS uses staked coins to validate transactions. Both aim for consensus, but PoS is more energy-efficient. Excitingly, new mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) are evolving, offering speed and scalability. Stay tuned as crypto tech shapes the future of finance!
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