ShintoBlessed
Thu Aug 29 2024
|
6 answers
1361
What is a bitcoin consensus protocol?
Could you please explain to me what a Bitcoin consensus protocol is, and how it plays a crucial role in the functioning of the bitcoin network? I'm particularly interested in understanding the mechanisms behind how transactions are verified and added to the blockchain, and how this protocol ensures that all participants agree on the state of the network. Additionally, I'd like to know if there are any potential vulnerabilities or challenges associated with the consensus protocol that bitcoin faces.
