Examples of 'consensus mechanism' in a sentence
Meaning of "consensus mechanism"
consensus mechanism - a process or system used to achieve agreement among multiple parties
How to use "consensus mechanism" in a sentence
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consensus mechanism
The consensus mechanism is outside of the blockchain.
This is the job of the consensus mechanism.
A consensus mechanism where resources are burned to verify transactions.
Increase throughput with a different consensus mechanism.
Leverage consensus mechanism for validating the transaction.
It makes use of the LibraBFT consensus mechanism.
The consensus mechanism is concentrated in the hands of one entity.
There are other ways to create a consensus mechanism.
Super consensus mechanism.
This level relates directly to PoB consensus mechanism.
Consensus mechanism that relies on ownership of a cryptocurrency to maintain the blockchain.
Uses the LibraBFT consensus mechanism.
Verification of the order and validity of transactions is part of the consensus mechanism.
Blockchain supports a wide range of consensus mechanism for validating a transaction.
The consensus mechanism is the hallmark of the work of the work of that Committee.
See also
Behind almost every cryptoasset lies a consensus mechanism.
In some systems the consensus mechanism is replaced by other methods to reach agreement.
The computers of the collaborators decide through a consensus mechanism how to update the database.
Select the right consensus mechanism for different types of Blockchain application.
The original blockchain concept was based on a consensus mechanism called Proof of Work.
Consensus mechanism in CREDITS distributed system.
Any kind of cryptocurrency and consensus mechanism can be created on a sidechain with Drivechain.
The popular cryptocurrency EOS utilizes this consensus mechanism.
Proof of Stake is a consensus mechanism that is an alternative to Proof of Work.
In a DApp, a transaction is processed through a consensus mechanism.
Stellar uses a consensus mechanism known as Stellar Consensus Protocol.
Blockchain is not in itself a revolution, but its consensus mechanism is.
Which kind of consensus mechanism is used by wisdom chain?
This is very different to any blockchain-based consensus mechanism.
The PoW consensus mechanism is used for the sake of protecting users ' data.
Another term is the Consensus Mechanism.
More specifically, this consensus mechanism involves the use of transaction issuers and transaction validators.
In a PoS protocol, staking coins is necessary to participate in the consensus mechanism.
This is a higher-throughput consensus mechanism that has finality.
Many applications will benefit from a lighter-weight decentralized consensus mechanism.
What are the different types of consensus mechanism that power a blockchain?
The digital currency is designed to run a proof of stake ( POS ) consensus mechanism.
In this way, Bither provides PoW consensus mechanism with a more efficient framework.
Unlike other digital currencies like bitcoin, Gridcoin follows the proof of stake consensus mechanism.
Blockchain security is assured via a consensus mechanism called Proof-of work.
Dfinity 's founder Dominic Williams initially planned to create a blockchain platform with a better consensus mechanism.
Information in the network is secured by a consensus mechanism called Proof of Work ( PoW ).
EOS is one of the first cryptocurrencies that implemented the Delegated Proof-of-Stake consensus mechanism.
Matrix adopts a Hybrid PoS + PoW consensus mechanism instead of the traditional Hash computations.
Currently, the proof of work consensus is the most secure consensus mechanism available.
This is achieved with a consensus mechanism that is based on the Stellar Consensus Protocol ( SCP ).
For example, Stellar uses a completely different consensus mechanism to Ripple.
However, Stellar uses a consensus mechanism known as Stellar Consensus Protocol.
It stands for Delegated Byzantine Fault Tolerance, which acts as a consensus mechanism.
The Dogecoin ledger uses the proof-of-work consensus mechanism to validate the transactions on its blockchain.
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Examples of using Consensus
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There is a virtual consensus that it should be abolished
Consensus is achieved by four votes out of five
The search for consensus could be conducted
Examples of using Mechanism
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An effective mechanism for the collection of charges
Establishment of the national human rights mechanism
Development mechanism in the first commitment period
