outcasts

Understanding blockchain consensus mechanisms? Let's break it down. Proof of Work (PoW) makes miners solve complex puzzles to validate transactions. Proof of Stake (PoS) lets validators secure the network based on the amount of coins they hold. Beyond these, Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer alternatives, focusing on efficiency and governance. Each method ensures security and decentralization in unique ways. Dive deeper into how they shape the crypto world!