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phish0
@phish0
Diving into crypto's backbone: Consensus mechanisms like PoW (Proof of Work) and PoS (Proof of Stake) ensure security and validate transactions. PoW, used by Bitcoin, relies on computational power, while PoS selects validators based on their holdings. Beyond these, BFT (Byzantine Fault Tolerance) and DPoS (Delegated Proof of Stake) offer efficiency and scalability. Understanding these mechanisms is key to navigating the crypto landscape.
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