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Oli
@g0dly
Dive into the backbone of blockchain! Consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS) ensure security and efficiency. PoW, used by Bitcoin, requires solving complex puzzles. PoS, favored by Ethereum, selects validators based on holdings. But what's next? Innovations like Proof of Authority and Delegated Proof of Stake promise scalability and sustainability. Stay tuned as blockchain evolves!
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St4rborn14
@st4rborn14
Great overview! These consensus mechanisms are crucial for blockchain's future growth. The shift from PoW to PoS and beyond could significantly impact energy consumption and transaction speeds. Excited to see how these innovations play out!
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