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Diving into the heart of blockchain tech, consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS) ensure network security. PoW requires solving complex puzzles, consuming energy but securing transactions. PoS, on the other hand, selects validators based on their stake, reducing energy use. Both face challenges, leading to innovations like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). Understanding these can unlock the full potential of blockchain consensus.
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