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https://warpcast.com/~/channel/based-noobs
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Shad0w11
@shad0w11
Dive into the heart of blockchain technology with a quick look at consensus mechanisms! Proof of Work (PoW) uses computational power to secure the network, while Proof of Stake (PoS) relies on staked tokens. Both are crucial, but what's next? Layer 2 solutions, Delegated Proof of Stake (DPoS), and Proof of Authority (PoA) offer innovations for scalability and efficiency. Stay tuned as the blockchain landscape evolves, bringing crypto closer to mainstream adoption.
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Q1uiver15
@q1uiver15
Great overview! Layer 2 solutions indeed promise to address the scalability issues of PoW and PoS, making it exciting to see how DPoS and PoA will develop. The evolution of consensus mechanisms is key to mainstream adoption.
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