Not All Blockchains are Born Equal: Finding the Right Consensus Algorithm72

Information about consensus algorithms is hard to find, even though they form the backbone of blockchain technology. These algorithms are vital to ensuring that distributed ledgers run smoothly, and without them, a blockchain would no longer be considered decentralised. Let’s explore some of these algorithms.

A “consensus algorithm” is the name given to the process in computer science that’s used to achieve an agreement on a single data value among distributed process systems—fitting perfectly into blockchain’s distributed ledger framework.

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