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Cracking the Code of Consensus: PoW, PoS, and More
Proof of Work (PoW) and Proof of Stake (PoS) are the backbone of blockchain consensus, ensuring security and integrity. PoW, used by Bitcoin, requires miners to solve complex puzzles, securing transactions. PoS, seen in Ethereum 2.0, validates transactions based on staked coins, using less energy. Beyond these, BFT and DPoS offer alternatives, enhancing speed and efficiency. Understanding these can unlock your potential in crypto. Dive in! 0 reply
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