GetPriceCoin logo GetPriceCoin logo
Cryptopolitan 2019-08-13 05:25:09

Consensus: Or The Types Of Consensus You Should Know About

When the term “blockchain” is mentioned in some context, it usually comes hand in hand with the complex term “consensus algorithm”. Most readers do not even think to bother researching what a consensus algorithm is. In fact, most do not even know what an algorithm is used for in the blockchain context. Still, there are dozens of kinds of algorithms and most of them are used in the blockchain world. The idea of a consensus is coming to a unified position on a problem. In computer science, a consensus is related to a consensus problem. The fundamental problem in distributed

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer