About Blockchain networks #1310
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How does consensus work in blockchain networks? |
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Answered by
julianova220
Oct 16, 2025
Replies: 1 comment 1 reply
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Consensus mechanisms ensure all participants agree on the validity of transactions. Common algorithms include: Proof of Work (PoW): Used by Bitcoin; miners solve cryptographic puzzles. Proof of Stake (PoS): Validators are chosen based on the amount of stake they hold. Delegated Proof of Stake (DPoS): Stakeholders vote for delegates to validate blocks. |
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1 reply
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I think your answer is good |
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Answer selected by
yuan-fujimoto
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Consensus mechanisms ensure all participants agree on the validity of transactions. Common algorithms include:
Proof of Work (PoW): Used by Bitcoin; miners solve cryptographic puzzles.
Proof of Stake (PoS): Validators are chosen based on the amount of stake they hold.
Delegated Proof of Stake (DPoS): Stakeholders vote for delegates to validate blocks.