What Are the Types of Consensus Algorithms?

DWQA QuestionsCategory: BlockchainWhat Are the Types of Consensus Algorithms?
Editor Staff asked 1 month ago

What Are the Types of Consensus Algorithms?

1 Answers
Editor Staff answered 1 month ago

There are many types of consensus algorithms or techniques out there. The most popular consensus algorithm includes

  • Proof-of-Work (PoW)
  • Proof-of-Stake (PoS)
  • Delegated Proof-of-Stake (DPoS)
  • Proof-of-Authority (PoA)
  • Proof-of-Elapsed Time (PoET)
  • Byzantine Fault Tolerance
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