GLOSSARY
Consensus Mechanisms
Consensus mechanisms are protocols that ensure all nodes in a blockchain network agree on the validity of transactions. Common types include Proof of Work (PoW) and Proof of Stake (PoS). This term is used by blockchain developers, researchers, and protocol designers. To excel in this area, one should deeply understand different consensus algorithms, their trade-offs in terms of security and scalability, and be able to implement or interact with consensus protocols in blockchain development.



