in BlockChain by
Q:
Blockchain Architecture

▼ Show 1 Answer

0 votes
by
Blocks: Blocks are a collections of transactions that are bundled together to be added to the blockchain. Blocks are created by the process of Mining. You'll learn more about Blocks and the Mining process in the later topics.

Consensus Mechansism: It is a set of rules that are to satisfied to verify and add transactions to blockchain. There are several consensus algorithms that are used to verify transactions like Proof of Work and Proof of Stake.
BlockChain
Learn More with Madanswer

Related questions

0 votes
0 votes
asked Dec 26, 2020 in BlockChain by GeorgeBell
...