Tag

consensus
Introduction to consensus algorithms The value of Blockchain technology comes from the distributed security of the system. The distributed system relies on underlying protocols to keep the blockchain functional. One such protocol is the consensus algorithm. Blockchain users need to agree on the validity of the chain before adding more blocks. Every time a node adds...
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Introduction With the rise of blockchain solutions and blockchain adoption, Islamic financial institutions are increasingly looking into deploying blockchain into their operations and underlying workflows. Similarly, crypto-projects are being launched with several underlying structures and types of token issuances. Most of the crypto-projects are based on public blockchains and hence need consensus mechanisms. Private blockchains...
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