MAEXO

Consensus

Glossary

Infrastructure

Consensus

How a distributed network agrees on the state of the ledger.

Definition

In depth

Consensus is the mechanism by which a blockchain's nodes agree on which transactions are valid and in what order. Bitcoin uses proof-of-work; Ethereum, Solana, Cardano and most newer chains use proof-of-stake variants.

Related

Related terms

Proof of Work (PoW)

Consensus model where miners spend energy solving puzzles to add blocks.

Proof of Stake (PoS)

Consensus model where validators lock up tokens as collateral instead of burning energy.

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