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What is consensus algorithm? consensus algorithm news, consensus algorithm meaning, consensus algorithm definition - Blockchain.News
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consensus algorithm

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.

Exclusive: How Significant is Consensus As-a-service Model?

Exclusive: How Significant is Consensus As-a-service Model?

While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?

EOS Network Successfully Activates Spring 1.0 with Savanna Consensus Algorithm

EOS Network Successfully Activates Spring 1.0 with Savanna Consensus Algorithm

The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality.

Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk

Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk

Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.

Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors

Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors

Google’s newly achieved ‘Quantum Supremacy’ computing technology has been marked for some surprising applications in the cryptocurrency space. According to one researcher on the project, the technology could enhance the proof-of-stake (PoS) algorithm.

Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know

Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know

Ethereum 2.0 Phase 0 has just launched today. Phase 0 of Ethereum 2.0, also known as the Beacon Chain will introduce a new consensus mechanism to the network.

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not

In this second part of our exclusive interview with Mance Harmon, CEO and Co-Founder of Hedera Hashgraph, we discuss the Hashgraph’s unique consensus mechanism, Hedera Hashgraph 2.0 and why the hashgraph is ACID compliant while blockchains are not.

In Blockchain We Trust? New Paths to Religious Consensus

In Blockchain We Trust? New Paths to Religious Consensus

Religion, technology, blockchain, and AI. Deep, far-reaching concepts come together in mysterious and fascinating ways to form the basis of new religious and faith movements.

Why the World Needs a Blockchain Consensus Operating System

Why the World Needs a Blockchain Consensus Operating System

The true potential of blockchain to transform the lives of people around the world has clearly not been realised.

Why Blockchain Voting Is Fundamentally Important for Democracy and Trust

Why Blockchain Voting Is Fundamentally Important for Democracy and Trust

Blockchain's unique tamper-proof feature can simplify the voting process and remove reliance on third-party intermediaries through shared consensus.

CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation

CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation

CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.

Bitcoin Cash Network Upgrade Will Continue as Planned Despite Tensions Within the BCH Community

Bitcoin Cash Network Upgrade Will Continue as Planned Despite Tensions Within the BCH Community

The Bitcoin Cash (BCH) network’s planned upgrade has been scheduled for November 15, 2020, which includes improvements to the Bitcoin ABC node software.

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