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Consensus
Dictionary
Consensus
Plain-language definitions of 54 terms used in our coverage.
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Blockchain Basics
3
Consensus
6
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8
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1
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6 entries
C
C
Consensus Mechanism
The rules that let a network agree on one version of the ledger.
Consensus
P
P
Proof of Stake
Consensus secured by validators who put tokens at risk.
Consensus
P
Proof of Work
Consensus secured by competitive computing work.
Consensus
S
S
Slashing
A penalty that destroys part of a misbehaving validator’s stake.
Consensus
S
Staking
Locking tokens to help secure a network in exchange for rewards.
Consensus
V
V
Validator
A proof-of-stake participant that proposes and confirms blocks.
Consensus