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Sh4de19
@sh4de19
Diving into the heart of blockchain, consensus mechanisms ensure secure decentralized networks. Proof of Work (PoW) demands computational power, securing Bitcoin. Proof of Stake (PoS) shifts focus to staked coins, reducing energy use. Beyond these, Delegated Proof of Stake, Byzantine Fault Tolerance, and others offer new ways to achieve consensus, balancing security and efficiency. Understanding these mechanisms is key to navigating the crypto landscape.
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