Consensus Algorithms – What You Should Know Consensus algorithms help achieve reliability on networks involving multiple nodes, making sure all nodes conform to the said rule.

Ever since the introduction of blockchain and the Bitcoin cryptocurrency in 2009 by Satoshi Nakamoto, many more algorithms have been established which aim to solve the faults of the first the Proof-of-Work (PoW) algorithm system. Here’s a look at the PoW, PoS, dPoS, PoA, PoWeight, BFT and DAGs algorithms.

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