blockchain

In the realm of blockchain technology, consensus mechanisms play a pivotal role in maintaining the integrity and security of distributed ledgers. These mechanisms determine how nodes on the network agree on the state of the blockchain and validate transactions. Various consensus algorithms have emerged, each with its own strengths and complexities. In this article, we’ll delve into the most prominent types of blockchain consensus mechanisms—Proof of Work (PoW), Proof of Stake (PoS), Proof of Authority (PoA), and Delegated Proof of Stake (DPoS)—and compare their implementation complexity and robustness against violations and centralization. [Read More]