Consensus Mechanisms and Decentralization: Building Trust in a Trustless System
Consensus Mechanisms and Decentralization Blockchain technology has revolutionized the way we think about trust in the digital age. At its core, blockchain operates on a principle of trustlessness, aiming to eliminate the need for intermediaries like banks and centralized authorities. Consensus Mechanisms and Decentralization play a pivotal role in achieving this goal, ensuring that transactions…