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Consensus Algorithms, Blockchain Technology and Bitcoin UCL - by Andreas M. AntonopoulosA consensus mechanism is a fault-tolerant mechanism used in a blockchain to reach an agreement on a single state of the network among distributed nodes. A protocol or procedure used to reach consensus among network participants is known as a consensus mechanism. A consensus mechanism is employed. Blockchains are secured using Consensus mechanisms including proof-of-work and proof-of-stake; But what are they and how do they work.
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