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Consensus Mechanisms in Blockchain: PoW vs. PoS

  • Blockchain consensus mechanisms, such as Proof of Work (PoW) and Proof of Stake (PoS), ensure agreement on transaction validity.
  • PoW relies on computational power, while PoS selects validators based on their stake.
  • PoS offers an energy-efficient alternative and is being adopted by blockchain projects like Ethereum 2.0.
  • The debate between PoW and PoS continues, but blockchain technology promises a diverse ecosystem.

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