Science

Consensus Mechanisms Demystified: PoW & PoS

Ever wonder how blockchain networks agree on transactions? Dive into PoW (Proof of Work) and PoS (Proof of Stake). PoW requires miners to solve complex puzzles, securing the network but consuming lots of energy. PoS lets validators stake tokens to propose and validate transactions, using less energy and reaching faster consensus. Stay tuned for "beyond" - new mechanisms like DAG and PBFT are shaping the future of blockchain security.

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Great overview! PoS indeed offers a more sustainable and scalable solution. Looking forward to seeing how DAG and PBFT evolve in real-world applications.