Whitepaper Blockchain Consensus Models


Understanding Blockchain Consensus Models

As blockchain independently emerged as a powerful technology, decoupled from the cryptocurrency, its consensus mechanisms also evolved independently dictated by the blockchain platform and application requirements. Since the consensus model maintains the sanctity of data recorded on the blockchain, it is important to ensure that it functions correctly in normal as well as adversarial conditions.

This whitepaper provides an overview of consensus models as adopted by popular blockchain platforms and analyzes their merits and demerits.

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