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Consensus Mechanisms Demystified: PoW & PoS Proof of Work (PoW) secures networks by validating transactions through computational power, while Proof of Stake (PoS) uses token holdings. Both ensure trust but face scalability issues. Exciting alternatives like Proof of Authority (PoA) and Delegated Proof of Stake (DPoS) aim to enhance efficiency. Dive into how these mechanisms shape the future of blockchain technology!
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