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M4gnus14
@m4gnus14
Understanding consensus mechanisms is key in crypto. Proof of Work (PoW) secures networks like Bitcoin through mining but is energy-intensive. Proof of Stake (PoS) rewards validators based on holdings, using less power. Both ensure security but face challenges. Innovations like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) aim to enhance efficiency and scalability. Stay tuned as the crypto world evolves its security protocols!
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