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AlgoritmaKonsensus

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Various Consensus Algorithms in Blockchain#BlockchainConsensus #AlgoritmaKonsensus #proofofwork #ProofOfStake #BlockchainTechnology Below is an explanation of each commonly used consensus algorithm in blockchain: 1. Proof of Work (PoW): - Description: A consensus algorithm that requires validators (miners) to solve complex mathematical puzzles to validate transactions and create new blocks. - How it works: Miners must use computing power to solve mathematical puzzles, and the first to solve the puzzle will gain the right to create a new block and receive rewards.

Various Consensus Algorithms in Blockchain

#BlockchainConsensus #AlgoritmaKonsensus #proofofwork #ProofOfStake #BlockchainTechnology

Below is an explanation of each commonly used consensus algorithm in blockchain:
1. Proof of Work (PoW):
- Description: A consensus algorithm that requires validators (miners) to solve complex mathematical puzzles to validate transactions and create new blocks.
- How it works: Miners must use computing power to solve mathematical puzzles, and the first to solve the puzzle will gain the right to create a new block and receive rewards.
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