What is the consensus mechanism of blockchain?
What is the consensus mechanism of blockchain? Mtfexg will disassemble the consensus mechanism of blockchain in detail from a technical point of view. As a peer-to-peer collaborative network, the principle of blockchain is that each node has an independent ledger, and realizes joint bookkeeping by keeping the ledger synchronized, and there is no center for command and coordination while the network state is complex and changeable. Next, how to ensure that the ledgers of the nodes that are completely dispersed in space can be exactly the same, which requires the use of the consensus mechanism of the blockchain. Taking Bitcoin as an example, we try to discuss the ledger accounting process of a typical blockchain system. The public ledger records the transfer transactions that take place in the Bitcoin network all the time, but these transfer information is not instantaneous. It is written into the ledger, but unified accounting is performed at regular intervals. A new ...