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Delving into the Nuances of Proof-of-Work and Proof-of-Stake
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QuestionClick to flip
Which consensus mechanism is primarily used by Bitcoin?
AnswerClick to flip back
A
Proof-of-Work
💡 Explanation:
Proof-of-Work is the consensus mechanism employed by Bitcoin, where miners compete to solve complex mathematical puzzles to validate transactions and add new blocks to the blockchain.