Examples of 'consensus protocol' in a sentence

Meaning of "consensus protocol"

consensus protocol: This phrase is often used in the context of blockchain technology and refers to a method by which all participants in a distributed network agree on the validity of transactions and the overall state of the network without the need for a central authority

How to use "consensus protocol" in a sentence

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consensus protocol
The consensus protocol verifies each block.
I would have to rewrite our consensus protocol.
The consensus protocol is the method by which a node is selected to propose a new block.
Transactions are validated by participants through a consensus protocol.
Tool for the development of a consensus protocol for treatment of hypertension.
This is why it is also referred to as the consensus protocol.
This is the consensus protocol used by Bitcoin.
The counterparty is an excellent consensus example of a cryptocurrency that uses this blockchain consensus protocol.
This is called a consensus protocol.
Optimal Failure Resilience is all about how secure we can make the consensus protocol.
It uses a novel consensus protocol that allows for much faster transactions than Bitcoin and Ethereum.
DSE lets you tune consistency across clusters via Paxos consensus protocol.
The consensus protocol establishes the following rules,.
Stellar uses a consensus mechanism known as Stellar Consensus Protocol.
More precisely, a Consensus protocol must satisfy the four formal properties below.

See also

Zero-knowledge proofs are a type of consensus protocol.
Last, the consensus protocol that BTS follows is not only flexible but also robust.
Danny, find shortcuts to deploy a new consensus protocol.
For this, it builds on its consensus protocol the RPCA and its token the XRP.
In an asynchronous model, some forms of failures can be handled by a synchronous consensus protocol.
Casanova, A scalable consensus protocol for blockchain.
As mentioned above, blockchains are governed by a set of rules called the consensus protocol.
However, it uses a proof-of-stake consensus protocol so that less energy will be consumed.
By implementing Casper, Ethereum will be able to shift to a new consensus protocol.
Siacoin uses a Proof-of-Work ( PoW ) consensus protocol incorporating BLAKE2b as its hash function.
This is achieved with a consensus mechanism that is based on the Stellar Consensus Protocol ( SCP ).
The HashNet consensus protocol attempts to form a divide-and-conquer distributed system through “on-chip autonomy, inter-chip collaboration”.
However, Stellar uses a consensus mechanism known as Stellar Consensus Protocol.
This is a simplified version of the proof-of-work ( PoW ) consensus protocol used by Bitcoin.
It automatically divides networks into smaller sections, ‘ shards ', each of which runs a smaller-scale consensus protocol.
The blockchain is operated using a Proof-of-Stake consensus protocol.
Stellar Core introduced a new spin on consensus algorithms with the Stellar Consensus Protocol ( SCP ).
Casper FFG is, essentially, a hybrid POW / POS consensus protocol.
Others, such as Nxt, use proof-of-stake ; but Ripple implements the consensus protocol.

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Examples of using Protocol
Protocol for safety in sampling from shore
It is important that this protocol be adhered to exactly
Protocol for storage and shipment of samples
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Examples of using Consensus
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
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