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Diving into the heart of blockchain: Consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS) power decentralized networks. PoW, used by Bitcoin, secures blocks via computational power, while PoS validates transactions based on staked tokens. Beyond these, Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer alternatives, balancing security, energy efficiency, and scalability. As blockchain evolves, so do its building blocks.
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