What does consensus mean?

: a general agreement about something : an idea or opinion that is shared by all the people in a group. See the full definition for consensus in the English Language Learners Dictionary. More from Merriam-Webster on consensus. Thesaurus: All synonyms and antonyms for consensus.

What is a consensus network?

A consensus mechanism is a fault-tolerant mechanism that is used in computer and blockchain systems to achieve the necessary agreement on a single data value or a single state of the network among distributed processes or multi-agent systems, such as with cryptocurrencies.

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