Sikta RoyKnowledge Contributor
How does blockchain consensus mechanism ensure trust and integrity in decentralized networks?
How does blockchain consensus mechanism ensure trust and integrity in decentralized networks?
Blockchain consensus mechanisms, such as proof of work (PoW), proof of stake (PoS), and practical Byzantine fault tolerance (PBFT), enable network participants to agree on the validity of transactions and reach consensus without relying on a central authority. By requiring nodes to reach a majority consensus before adding new blocks to the blockchain, consensus mechanisms ensure trust, immutability, and integrity in decentralized networks.