
Blockchain
What is a consensus mechanism?
A consensus mechanism is the rule set a blockchain uses to agree on one shared record — and the choice between proof of work and proof of stake shapes…
Blockchain explains the base layer in plain terms: how nodes agree on a shared record, what a block holds, how long confirmation takes, and where throughput limits originate. Comparisons between consensus designs are included. For developers, analysts and policy staff needing accuracy rather than a marketing summary.
How distributed ledgers reach agreement, what a block contains, when a transaction becomes final, and which guarantees a chain does not provide.

A consensus mechanism is the rule set a blockchain uses to agree on one shared record — and the choice between proof of work and proof of stake shapes…