Consensus Mechanism

Consensus Mechanism in Blockchain Why It Matters for Security and Scalability-01

Consensus Mechanism in Blockchain: Why It Matters for Security and Scalability

Blockchains work because many different computers, run by different people, agree on a single history of events. This shared agreement is not magic. It is the result of a set of clear rules and incentives. Together, these rules form what we call the consensus mechanism in blockchain. A consensus mechanism decides who can add the …

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