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Diving into the heart of blockchain technology: consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS). PoW secures networks through computational power, making it energy-intensive. PoS, on the other hand, uses stake to validate transactions, reducing energy use. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT) offer scalability and efficiency. Understanding these is key to the future of blockchain.
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