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András Novoszáth
@nocibambi
◼️27/100: Block-by-Block One thing I learned about: Types of consensus mechanisms in Web3 There are many ways to agree in a network. Examples: - Proof of Work: First miner who solves the puzzle creates the block. - Proof of Stake: Random validator creates the block. - Delegated Proof of Stake: The next top delegate creates the block. - Byzantine Fault Tolerant (BFT) Consensus: Supermajority creates the block. - Proof of Authority: Known authorities create the block. 🔽🛠️Resources🔽
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András Novoszáth
@nocibambi
- Consensus Mechanisms (2025) via @ethereum: https://ethereum.org/en/developers/docs/consensus-mechanisms/ - Delegated Proof of Stake (2019): https://en.bitcoin.it/wiki/Delegated_proof_of_stake - Blockchain Consensus Mechanisms Beyond PoW and PoS (2023): https://www.gemini.com/cryptopedia/blockchain-consensus-mechanism-types-of-algorithm
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