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quartz/content/notes/consensus.md
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consensus

The consensus algorithm takes care of the transaction verification within the network. Different blockchain systems implement different consensus algorithms which can benefit the miners directly or indirectly. Some of the popular consensus algorithms include Proof-of-Work(PoW), Proof-of-Stake(PoS), and so on. You can think of it as hierarchical centralization when compared to traditional governance. — https://101blockchains.com/blockchain-governance/

Algorithms

  • PoW
  • PoS
  • BFT
  • Paxos
  • etc
  • nominated PoS