How Blockchains Agree: Understanding Consensus Mechanisms

Consensus is the backbone of blockchain, ensuring transactions are valid and secure while deciding who earns rewards for their work. This article breaks down the two most well-known mechanisms, Proof of Work and Proof of Stake, and explores their strengths, weaknesses, and impact on decentralization and sustainability. Curious about alternatives? Stay tuned for the next installment, where we’ll dive into eight other consensus models shaping blockchain’s future.