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Crypto 101: What is a consensus mechanism?

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Crypto 101: What is a consensus mechanism?

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Source: Kraken

A blockchain consensus mechanism is a type of automated system that aims to accomplish two objectives: Provide a distributed, leaderless community of network validators that can efficiently and unanimously agree on new and existing data on the blockchain ledger. Make sure all network validators follow…

The post Crypto 101: What is a consensus mechanism? appeared first on Kraken Blog.

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Author: KrakenFX

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