A naukri.com initiative
Medium
15h
245
Image Credit: Medium
What is the consensus mechanism
- Blockchain consensus mechanism is a procedure to reach an agreement in the network.
- Consensus mechanism is required in decentralized world to prevent chaos and ensure decision-making.
- Proof-of-Work is a consensus mechanism where miners solve complex puzzles to add blocks in blockchain.
- The fastest miner who solves the puzzle first gets their block added to the blockchain.
Read Full Article
14 Likes
For uninterrupted reading, download the app