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What is as Proof of Work/Proof of Stake?

  • Proof of Work and Proof of Stake are consensus mechanisms in public blockchains.
  • Bitcoin introduced Proof of Work, Ethereum shifted from PoW to PoS.
  • Both aim for decentralization, security, and economic incentives with different technical approaches.
  • PoW involves energy-intensive hashing, PoS links validation power to asset ownership.

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