In a broad sense, it means a way to resolve conflicts when making decisions if there are no fundamental objections from the majority of stakeholders.

Blockchain consensus protocols are algorithms that require at least 51% of nodes to come to a consensus about the next state of the entire network.

Reaching consensus is required for any data on the network that undergoes changes—transaction records, software updates, and more.

Examples of algorithms:

• Proof-of-Work (PoW)

• Proof-of-Stake (PoS)

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