Week 9CopyCopy
Decentralized Consensus Mechanisms
- Explore the decentralized consensus mechanisms pivotal for maintaining trust and integrity in blockchain networks.
- Delve into Proof of Work (PoW) consensus, where computational power is used to validate transactions and secure the network.
- Understand Proof of Stake (PoS) consensus, which selects validators based on their stake in the network, fostering efficiency and sustainability.
- Investigate Byzantine Fault Tolerance (BFT) consensus, designed to ensure agreement among nodes even in the presence of faulty or malicious actors, vital for enterprise-grade blockchain applications.