This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-how-crypto-networks-reach-consensus.
Ever wondered how crypto networks stay in sync without a central authority? Here’s how distributed consensus works, from mining to other methods.
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Consensus is the shared process a decentralized network uses to decide which transactions are valid, and in what order they appear. The system must answer the question of how to agree on which of the many copies of the ledger in a distributed system is legitimate.
