Understanding Blockchain Consensus Blockchain networks rely on consensus mechanisms to validate transactions and maintain a unified version of the truth. These mechanisms ensure that all participants agree on the state of the ledger without requiring a central authority. Proof-of-Work (PoW): Securing the Network Through Computation Proof-of-Work (PoW) is the original consensus mechanism, famously used by … Continue reading Blockchain Consensus: How Everyone Agrees on What’s True