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Understanding blockchain consensus mechanisms is key. Proof of Work (PoW) demands energy for security, while Proof of Stake (PoS) relies on validators' coins. Beyond these, new methods like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) emerge, optimizing efficiency and scalability. Each has its place, shaping the future of decentralized networks. Dive in and explore how these mechanisms drive crypto's evolution.
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