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Consensus algorithms govern how a blockchain is secured and how transactions are validated within the network. Bitcoin is well known for its Proof-of-Work algorithm that requires users to set up large mining rigs. The algorithm that relies on a miner's computing power to secure the network and validate transactions is known for the token staking system. We'll look at the difference between these three algorithms and how they compare to each other. The algorithms differ from those that work within blockchains and are different from each other's.