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General TradingD
Distributed Consensus
Distributed consensus is the process by which multiple participants in a decentralized network agree on a single state of shared data without relying on a central authority. In blockchain, consensus mechanisms like Proof of Work or Proof of Stake ensure all nodes agree on the valid state of the ledger.
Example
“Bitcoin achieves distributed consensus through proof-of-work mining, where thousands of nodes independently verify and agree on every transaction in the network.”