MEXC Exchange: Enjoy the most trending tokens, everyday airdrops, lowest trading fees globally, and comprehensive liquidity! Sign up now and claim Welcome Gifts up to 10,000 USDT!   •   Sign Up • Coinbase CEO Says Key Crypto Vote Can Be Rescheduled After 11th Hour Cancellation • Crypto Mania Set to Return for MSTR, BMNR, and COIN Stocks • Bitcoin Is Still "Not Out of the Woods" Despite Reclaiming $96,000, Analyst Warns • Sign Up
MEXC Exchange: Enjoy the most trending tokens, everyday airdrops, lowest trading fees globally, and comprehensive liquidity! Sign up now and claim Welcome Gifts up to 10,000 USDT!   •   Sign Up • Coinbase CEO Says Key Crypto Vote Can Be Rescheduled After 11th Hour Cancellation • Crypto Mania Set to Return for MSTR, BMNR, and COIN Stocks • Bitcoin Is Still "Not Out of the Woods" Despite Reclaiming $96,000, Analyst Warns • Sign Up

Consensus Algorithm

A specific protocol or set of rules that determines how participants in a blockchain network agree on the order and validity of transactions. Different consensus algorithms, such as Proof of Work (PoW) and Proof of Stake (PoS), have varying security and efficiency characteristics.