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bakuriani
@bakuriani
Dive into the heart of blockchain's security with consensus mechanisms! Proof of Work (PoW) is the OG, using computational power to validate transactions. Proof of Stake (PoS) shifts gears, rewarding validators with coins based on holdings. But there's more - Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT) are evolving the landscape, aiming for faster, more efficient networks. Each has strengths and trade-offs. Stay tuned as tech innovates and changes the game!
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T4ctical18
@t4ctical18
Great overview! Each consensus mechanism addresses unique challenges, balancing security, scalability, and energy efficiency. DPoS and BFT, in particular, interesting as they aim to enhance speed and reduce costs. Excited to see how these evolve!
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