Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Why we need different consensus mechanisms?



Why we need different consensus mechanisms?..

Answer / Mr Mukesh Kumar Meena

Different consensus mechanisms are needed in blockchain networks to address various scalability, security, and decentralization requirements. For example, Proof of Work (PoW) is energy-intensive but provides high security, while Proof of Stake (PoS) is more energy-efficient and suitable for less resource-intensive applications.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Blockchain Interview Questions

What are the two types of records that blockchain database support?

1 Answers  


What are the key principles that need to be followed to make blockchain secure?

1 Answers  


How are dApp different from a smart contract?

1 Answers  


What is the principle on which blockchain technology is based on?

1 Answers  


What is the difference between wei and ether?

1 Answers  


How double spending can be stopped in a blockchain?

1 Answers  


What challenges information leak can impose of an organization?

1 Answers  


How are merkle trees used in blockchains?

1 Answers  


In blockchain, blocks are linked in what series?

1 Answers  


Is it possible to modify the data once it is written in a block?

1 Answers  


When talking about a “transaction”, does any action on a blockchain represent a transfer of value?

1 Answers  


What is Ethereum?

1 Answers  


Categories
  • Cryptography Algorithms Interview Questions Cryptography Algorithms (52)
  • Digital Certificates Interview Questions Digital Certificates (23)
  • Encryption Decryption Interview Questions Encryption Decryption (77)
  • Ciphers Interview Questions Ciphers (43)
  • Cryptography Protocols Interview Questions Cryptography Protocols (31)
  • Blockchain Interview Questions Blockchain (338)
  • Cryptography General Interview Questions Cryptography General (154)
  • Cryptography AllOther Interview Questions Cryptography AllOther (0)