consensus
- noun
- /kənˈsɛntəs/
- Specialized
- Proof of stake is not obviously a weak consensus mechanism relative to proof of work.
- Washington Consensus
- false consensus
- consensus model
It's cryptography, It's a consensus mechanism and the transactions.
- It's cryptography, It's a consensus mechanism and the transactions.
- Proof of stake is not obviously a weak consensus mechanism relative to proof of work.
- So it's it's a decentralized, you know, consensus kind of thing.
- And so not all blockchains use the energy in their in their consensus mechanisms.
- And so the platforms though had to decide what results do we return in this environment of incomplete consensus.
- Now in the case of Bitcoin, this consensus is done by getting all the nodes to solve a hash puzzle or provide some proof of work.
- So now each little change needs a lot more consensus, if you'd like, because if you were to, if you wanted to increase the block size, this would create what's called a hard fork.
- With a distributed technology instead of participants of market, how do you reach consensus in for shape shifter company?
Examples
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To ensure data integrity, the engineers designed a consensus protocol that all nodes must follow.
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And there's a lot of effort in coming to consensus to build these things.
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And it draws attention to the fact that we need to work harder to find consensus on an ethical level.
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The algorithm is based on the principle that group consensus reveals a better, more accurate analysis of reality than a single expert ever could.
Academic text (2007) -
Different research groups independently reconstructed GEMs, which they integrated into a consensus model.
Academic text (2017) -
Now in the case of Bitcoin, this consensus is done by getting all the nodes to solve a hash puzzle or provide some proof of work.
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The developers reached a consensus on the best approach to improve system reliability.
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In the meeting, the team achieved a consensus regarding the updates needed for the software.
Synonyms
A situation in which people have the same opinion or give their approval
Agreement in opinion or plan among people
Antonyms
How Agreed
- Specialized
Surface Forms
Etymology
Consensus comes from the Latin parts con- 'together' and sentire 'to feel', the same root as the English word sense. In computing, a consensus is when many computers or programs 'feel' the same way about shared data, so they all agree and the system works correctly.