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#consensus
Simply put Blockchain is a Database. This database is distributed across different computers and each of these computers (Nodes is the correct word actually) acts as a storage system and validator. The Blockchain can be explained in two way…
Prevent Attacks Consensus Protocol for Competing Chain Problem All the miners mines their blocks. but lets say two miners mined there block at the same time. both the miner will add that block into t…
Hashing Algorithm , Immutable Ledger ,Mining ,Distributed P2P these are the base for consensus protocol. Consensus Protocol Consensus protocol protects us in 2 ways Prevents from Attacks Solves Comp…
Most Blockchains Functions as a Decentralized digital ledger, which is maintained by a distributed network of computers, Such a technology has allowed the creation of economic systems in which trust i…
Blockchain is by far one of the amazing technology out there in the world. It has massive demand and growth opportunities for developers. The reason being its decentralized nature and transparency, an…
Did you know that Elon Musk is planning to introduce crypto payments on Twitter? This is a clear escalation of crypto utility. We’re at the cusp of mainstream crypto adoption. This is the moment to act. Do not waste this opportunity. Create…
Let's understand Consensus The general definition - Consensus is a term used to describe a collective decision. It’s more like a general agreement upon which every participating individual agrees. Bl…
The Delegated Proof of Stake (DPoS) consensus algorithm is considered by many as a more efficient and democratic version of the preceding PoS mechanism. Both PoS and DPoS are used as an alternative to…
Consensus Mechanism- The heart of Satoshi Nakamoto's Blockchain When we live in a centralized system, which is almost everywhere currently- be it your office, or your government- There is always a hi…
There are several key steps a transaction must go through before it is added to the blockchain. There is authentication using cryptographic keys, authorisation via proof of work, the role of mining, a…
