consensus mechanisms

Consensus Mechanisms in Cryptocurrency: What are they?

Consensus Mechanisms are an absolute core concept in mining, maintenance and security of the blockchain. Let’s see what are they and their mission. What is the role of the Consensus Mechanisms? Consensus mechanisms exist because they are vital to maintaining the agreement, trust, and security of any decentralized computer network. And because the blockchains where […]

Consensus Mechanisms in Cryptocurrency: What are they? Read More »

Consensus Mechanisms are an absolute core concept in mining, maintenance and security of the blockchain. Let’s see what are they and their mission. What is the role of the Consensus Mechanisms? Consensus mechanisms exist because they are vital to maintaining the agreement, trust, and security of any decentralized computer network. And because the blockchains where