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Diving into the heart of blockchain: Consensus mechanisms explained. Proof of Work (PoW) secures transactions with energy-intensive computations, while Proof of Stake (PoS) validates blocks based on the amount of coins held and staked. Emerging mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer unique solutions, enhancing efficiency and scalability. Each has its role in shaping the future of decentralized networks.
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