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oliviasDog
@oliviasdog
Diving into Consensus Mechanisms: Proof of Work (PoW) secures transactions via computational power, while Proof of Stake (PoS) relies on stakers' wealth. Beyond these, Delegated Proof of Stake (DPoS) and others like Proof of Authority (PoA) offer scalability and efficiency. Each plays a crucial role in the blockchain ecosystem, shaping how we trust and interact with decentralized networks.
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