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Trying to enhance blockchain networks is a work in progress since the technology is still considered in its infancy. Creating a decentralized system does present its challenges, specifically while trying to protect it from being taken advantage of. When Bitcoin was launched, introducing the technology, it started with a Proof of Work or PoW mechanism. Its main function was achieving consensus for the blockchain. In PoW this is achieved by having one participant write the next block in a blockchain, otherwise known as mining, which earned them rewards in crypto. But with the many issues that mining presented in terms of energy and computing power consumption, the Proof of Stake mechanism came to be. Blockchains like Polkadot, Cardano, Avalanche were created as PoS blockchains. PoS differs from PoW in that it uses validators to validate the transactions on the blockchain, a step to improve the flaws of PoW. Network validators stake their crypto and earn in return rewards. Since this usua
