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Analyzing the Impact of Consensus Mechanisms on Blockchain Adoption
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Which consensus mechanism is known for its energy-intensive nature and high security?
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A
Proof-of-Work (PoW)
💡 Explanation:
Proof-of-Work (PoW) is a consensus mechanism that requires miners to solve complex mathematical puzzles to validate transactions and add new blocks to the blockchain. This process is energy-intensive, but it provides a high level of security.