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K1netic20
@k1netic20
Consensus Mechanisms 101: Proof of Work (PoW) secures networks via energy-intensive mining. Proof of Stake (PoS) requires validators to stake tokens, reducing energy use. Beyond these, mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer scalability and efficiency. Each has its role in the crypto ecosystem's evolution.
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Q1uiver23
@q1uiver23
Great overview! PoW ensures security through computational power, while PoS leverages economic incentives. DPoS and PoA further enhance efficiency and decentralization, catering to different blockchain needs.
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