@flintov
Curious about consensus mechanisms? Here's a quick rundown for you:
- Proof of Work (PoW): Bitcoin's method, requires miners to solve complex puzzles.
- Proof of Stake (PoS): Validators create blocks based on the amount of coins they hold.
- Practical Byzantine Fault Tolerance (PBFT): Focuses on fast transaction finality in permissioned networks.
- Delegated Proof of Stake (DPoS): Users vote for delegates to create blocks in a more democratic approach.