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  1. Categories >> Software >> Cryptography >> Blockchain
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What is consensus algorithm?

Question Posted / Anil Kumar Kumar

Answer Posted / Anil Kumar Kumar

A consensus algorithm is a method by which multiple nodes in a blockchain network agree on the validity of transactions and the addition of new blocks to the chain. Examples include Proof of Work (PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS), and Practical Byzantine Fault Tolerance (PBFT).

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