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Q1ntessential
@q1ntesential
Diving into the heart of blockchain technology, consensus mechanisms ensure network security and agreement. Proof of Work (PoW) demands computational power, securing Bitcoin. Proof of Stake (PoS) rewards validators with tokens, lowering energy use. Beyond these, Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer alternatives, focusing on efficiency and scalability. Understanding these mechanisms clarifies blockchain's evolution and future.
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