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Consensus is what addresses the "double spending" problem of digital money.

If there were any way the user of a cryptocurrency could spend their coins more than once, it would undermine the entire system.

orion wealth management ✌️【Job Vacancy】✌️Start investing with ₹500 and make your money work for you with high returns.The currency would be worthless.This is a tricky problem, especially with online currencies that have no central authority, such as a bank or a government, to keep track of how much money each person has, how they’re spending it, and whom they’re paying.The Bitcoin network was the first to solve this problem with proof-of-work.

Proof-of-stake has emerged as a possible alternative that some researchers think is both more energy efficient and more secure.It's not so hard to prevent double spending in a centralized manner, when there's one entity managing a ledger of all the transactions.

orion wealth management ✌️【Job Vacancy】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.When Alice sends Bob $1, the manager of the central ledger simply takes $1 from Alice and gives $1 to Bob.

PayPal does exactly that.But cryptocurrencies are different.

orion wealth management ✌️【Job Vacancy】✌️From ₹500 to high returns—get started with secure, smart investments today!The goal is not to have one leader or entity in control of the system, which makes this record-keeping more complicated.Instead of just one leader, thousands of users run the Bitcoin software all over the world.

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Until Bitcoin came along.

Proof-of-work is the innovative algorithm that Bitcoin creator Satoshi Nakamoto came up with, making decentralized money without a leader come to life for the first time.Some argue proof-of-work has problems.

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You often hear critiques that Bitcoin uses as much energy as all of Argentina or some other nation.

Recently, a report from the White House said that crypto mining's energy consumptionundermines U.S.orion wealth management ✌️【Job Vacancy】✌️Invest small, earn big! ₹500 to start, with potential 100% returns in just one month.