EP63 - Exploring Blockchain Consensus Mechanisms

Five Types of Consensus Mechanisms You Should Know About

25.10.2023 9 min

Zusammenfassung & Show Notes

How do blockchains ensure that transactions are real, valid, and not the product of fraud? The answer is consensus mechanisms. The consensus mechanism is the engine that drives a blockchain, and without it, the blockchain will fall into disrepute, unable to distinguish valid transactions from invalid ones. In this episode, we take a closer look at the pros and cons of five of the most popular consensus mechanisms in crypto.