Glossary term

Consensus algorithm

Ensures that all users taking part in the minting process maintain the same version the chain, whilst preventing any single party from using their power to derail or…

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

Ensures that all users taking part in the minting process maintain the same version the chain, whilst preventing any single party from using their power to derail or negatively direct the chain.