Blockchain based systems rely on the accuracy of information passed on by the majority of nodes.

30 Oct 2023, 16:25
Blockchain based systems rely on the accuracy of information passed on by the majority of nodes. If majority of nodes fail to agree upon a single outcome, then the system comes to a standstill or records misinformation. How is this problem addressed? Let’s take a look. ⬇️ #blockchain #cryptocurrency #consensus #beldex

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31 Oct 2023, 04:20
Blockchain based systems rely on the accuracy of information passed on by the majority of nodes. If majority of nodes fail to agree upon a single outcome, then the system comes to a standstill or records misinformation. How is this problem addressed? Let’s take a look.⬇️…
Blockchain based systems rely on the accuracy of information passed on by the majority of nodes.
Blockchain based systems rely on the accuracy of information passed on by the majority of nodes. If majority of nodes fail to agree upon a single outcome, then the system comes to a standstill or records misinformation. How is this problem addressed? Let’s take a look.⬇️…