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Traces
@traces
Consensus Mechanisms: Blockchain relies on consensus mechanisms, such as Proof of Work (PoW) or Proof of Stake (PoS), to validate transactions and maintain the integrity of the ledger.
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linpengbo
@mysunshine
Incentive Structures: Consensus mechanisms provide incentives for participants to act honestly. In PoW, miners are rewarded with cryptocurrency for solving puzzles, while in PoS, validators earn transaction fees and sometimes additional tokens for their participation.
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