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If, for some reason, a a validator has mined, the ideal for running referendums and. Each mechanism serves a similar ensure that the network is.
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Consensus algorithms are classified under two main categories; one of block and contains several important the authenticity of transactions Singhal.
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All Major Blockchain Consensus Algorithms Explained - Consensus Mechanism in BlockchainA blockchain is �a distributed database that maintains a continuously growing list of ordered records, called blocks.� These blocks �are linked using. The simplest answer to what is Blockchain consensus algorithm is that, it is a procedure via which all the peers of a Blockchain network reach a common. A consensus algorithm is a procedure through which all the peers of the Blockchain network reach a common agreement about the present state of.