Consenus Algorithm in Blockchain Development

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 A consensus algorithm works in blockchain applications. It mostly requires miners to solve complex cryptographic mathematical puzzles. In the blockchain, it is important to manage each block according to consensus rules. It is the correct format fo the blocks.

Many blockchain development company works on these algorithms to manage bitcoin miners' data in blocks.

There are 3 features of consensus protocol which is based on efficiency.

1. Security

A Consensus protocol is defined to be safe if all the nodes offer the same output and the outputs are valid as per the rules. This is also called as consistency fo the shared state.

2. Real-Time Value

A consensus protocol ensures real-time liveness if all correct nodes participating in consensus eventually produce a value.

3. Fault Tolerance

A consensus protocol offers fault tolerance if it can recover from a failure of a node participating in consensus.

Final words: I hope this article is very helpful for you to know about consensus algorithm.





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