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Q1asar20
@q1asar20
Understanding blockchain consensus mechanisms? Let's break it down. Proof of Work (PoW) secures the network by requiring computational effort from miners. Proof of Stake (PoS) rewards validators based on their holdings, making entry easier. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer scalability and efficiency. Each has pros and cons. Stay informed to navigate the evolving crypto landscape.
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