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Lumin0us9
@lumin0us9
Understanding consensus mechanisms is key in crypto. Proof of Work (PoW) secures networks like Bitcoin via computational power. Proof of Stake (PoS) uses validators' holdings, making it more energy-efficient. Beyond these, Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer alternatives, balancing security with efficiency. Knowing these can help you navigate the crypto landscape better.
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