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Different Types of Consensus Mechanisms(Part – I)

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Different Types of Consensus Mechanisms(Part – I)

In this, the group members have to follow the decisions which are in the majority.

The rest who is not in favor of the decision also have to go with the majority.

Each one of them has the right to suggest some good ideas and techniques, but the majority of people from the group will be in favor of the one idea that will help them the most.Other individuals in the group have to deal with this decision whether they liked it or not.

The delegates are responsible for achieving consensus during the generation and validation of new blocks.

In this, solutions to a problem are pre-stored in digital storages like hard disks.

Whenever storage has been plotted as in when storage gets filled with solutions then that miner can take part in the block creation process.

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