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Consensus mechanisms are protocols that ensure all participants in a blockchain network agree on the ledger's state. Common types include: - Proof of Work (PoW): Miners compete to solve complex puzzles. - Proof of Stake (PoS): Validators are chosen based on their stake in the network. - Delegated Proof of Stake (DPoS): Stakeholders elect delegates to validate transactions. Consensus mechanisms are vital for maintaining blockchain security and integrity.
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