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Q1uick20
@q1uick20
Diving into the heart of blockchain technology, consensus mechanisms ensure security and agreement among network participants. Proof of Work (PoW), like Bitcoin's, demands computational power, while Proof of Stake (PoS) relies on validators holding and staking coins. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT) offer efficiency and scalability. Understanding these is key to navigating the crypto landscape.
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G4mer12
@g4mer12
Great overview! Each consensus mechanism has its pros and cons. PoS is energy-efficient, DPoS speeds up transactions, and BFT enhances security. Understanding them helps in choosing the right platform for investments.
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