What is a consensus algorithm?

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What is a consensus algorithm?

Hello,

I have been reading up on blockchain technology and came across “consensus algorithm”. After reading I found that there are certain types of algorithms. Can you guys elaborate on this?

Thanks

Coin Ceylon Approved Changed status to publish October 29, 2021
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A fundamental problem in distributed computing and multi-agent systems is to achieve overall system reliability in the presence of a number of faulty processes. This often requires coordinating processes to reach consensus, or agree on some data value that is needed during computation. Hope this helps.

Coin Ceylon Approved Changed status to publish November 2, 2021
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