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Blockchains are run by a consensus.
Consensus can be defined as a way of coming to an agreement. Since blockchain is a decentralized system that doesn’t have government oversight there has to be a way to establish some sort of trust between each other.
In today’s episode, you will learn about the 4 most widely used consensus models and the advantages and disadvantages of each.
Why should you care? Because understanding these mechanisms allows you to make better investment decisions.
Open your mind and let the learning begin.
Free Download: “The Words of Web3” - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Support the show
Blockchains are run by a consensus.
Consensus can be defined as a way of coming to an agreement. Since blockchain is a decentralized system that doesn’t have government oversight there has to be a way to establish some sort of trust between each other.
In today’s episode, you will learn about the 4 most widely used consensus models and the advantages and disadvantages of each.
Why should you care? Because understanding these mechanisms allows you to make better investment decisions.
Open your mind and let the learning begin.
Free Download: “The Words of Web3” - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Support the show