Consensus Mechanism definition
Définition
The method by which a blockchain network agrees on the current state of the ledger
Consensus mechanisms ensure decentralization and security; common types include Proof of Work and Proof of Stake, preventing double-spending and maintaining network integrity across thousands of nodes worldwide. Comparison Table: Type | Energy Use | Security Model | Examples. PoW | High | 51% attack resistant | Bitcoin, Litecoin. PoS | Low | Economic penalties | Ethereum, Cardano. DPoS | Very Low | Delegated voting | EOS, Tron.
Consensus mechanisms ensure decentralization and security; common types include Proof of Work and Proof of Stake, preventing double-spending and maintaining network integrity across thousands of nodes worldwide. Comparison Table: Type | Energy Use | Security Model | Examples. PoW | High | 51% attack resistant | Bitcoin, Litecoin. PoS | Low | Economic penalties | Ethereum, Cardano. DPoS | Very Low | Delegated voting | EOS, Tron.
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