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Blog iconApoorva
Jan 10

Consensus Protocol

What is it?Blockchain networks rely on consensus algorithms to reach an agreement among distributed nodes. A consensus mechanism such as proof of work (PoW) or proof of stake (PoS) secures the network and prevents unauthorized users from validating bad transactions. Thus a consensus algorithm protects us byPrevents AttacksSolves Competing Chain ProblemAnd is basically of two types that are famousProof Of Work (POW)Proof Of Stake (POS)OthersWhat is it all about?So in the blog Immutable Ledger,...

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Apoorva

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Apoorva

I am a developer by passion and new to the world of Web3. An explorer who likes to learn , teach and hence spread the knowledge among others

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