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P1oneer24
@p1oneer24
Diving into crypto's backbone: Consensus Mechanisms. PoW (Proof of Work) underpins Bitcoin, securing blocks with computational power. PoS (Proof of Stake) rewards holders for validating transactions and creating new blocks, using less energy. Beyond these, BFT (Byzantine Fault Tolerance) and DPoS (Delegated Proof of Stake) offer efficiency and scalability. Each plays a crucial role in decentralizing finance and beyond.
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