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T3ch15
@t3ch15
Diving into crypto's beating heart: consensus mechanisms. Proof of Work (PoW) validates transactions via computational power, ensuring security. Proof of Stake (PoS) uses coins held as a stake, rewarding validators for holding and validating blocks. Beyond these, newer mechanisms like Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) offer scalability and efficiency. Understanding these is key to navigating the crypto landscape.
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