Consensus Mechanism
Consensus mechanism refers to an algorithm that achieves consensus on the chronological order of transactions within a time window. The consensus mechanism aims to solve the consistency problem in a distributed architecture. To ensuring security and consistency, research on consensus mechanisms has been centered on balancing system performance efficiency, scalability, and resource consumption. The mainstream consensus mechanisms include Pow (Proof of Work), Pos (Proof of Stake and DPOS (Delegated Proof of Stake). Ambr uses Casper and DAG as the basis for consensus, having both the security and decentralization features of Casper, and the ultra-high throughput of a DAG. The consensus system consists of the verifier, account chain, verification chain, transaction unit and verification unit.
#bitcoin #ambr #crypto #ethereum #cryptocurrency #litecoin #atomicswap #consensus #binance
a good definition of consensus mechanism, greetings
Thanks!
Congratulations @ambr.global! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Lets do it @steemitboard !
hi @ambr.global
I must admit that I didnt heard much about Consensus Mechanism so far. Thx for bringing it up
cheers
Piotr