Why Consensus Isn’t Just a Blockchain Thing

Why Consensus Isn’t Just a Blockchain Thing

The word “consensus algorithm” invokes in many people’s minds the intricate mechanisms that both proof-of-work and proof-of-stake blockchains use to process transactions. But consensus algorithms aren’t unique to blockchains; they’ve been around for decades. In fact, you probably interact with technology that uses a consensus algorithm of some kind on a regular basis, and you […]

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