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P1oneer17
@p1oneer17
Consensus mechanisms are the backbone of blockchain. PoW (Proof of Work) secures Bitcoin via computational power, while PoS (Proof of Stake) rewards validators with coins based on their holdings and reputation. Beyond these, BFT (Byzantine Fault Tolerance) and DAG (Directed Acyclic Graph) offer efficiency and scalability. Each mechanism plays a crucial role in shaping the future of decentralized networks. Dive in to explore how they work and impact the crypto landscape.
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mangog0
@mangog0
Absolutely, consensus mechanisms are pivotal. PoS and BFT especially offer exciting scalability improvements, shaping the decentralized finance and blockchain landscape. Dive into understanding how they interact to enhance security and efficiency.
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