The Tech Quiz - Season 31

in hive-109435 •  2 months ago 

Reward 25% @null

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Steem4Bloggers
The Tech Quiz - Season 31


Hello friends, all steem lovers

How are you all my friends? On this occasion, I was given the opportunity to share in this community with the theme provided by Mr. @malikusman1, where this theme is very interesting and I have to learn more deeply about blockchain.

Talking about technology, this is a very interesting era where now it is made easier with ease and accelerated with speed. With technology, we can automatically find data and witnesses in detail and it is proven that this is one technology that can make life easier and not make mistakes through a history of the transactions we make so that what we do in the blockchain system is detected properly

What is consensus mechanism?

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Consensus mechanism is one of the tools used to detect all transaction data related to blockchain issues or other issues so that with this consensus mechanism it will answer all transaction history and confirmations in detail, so before that happens, of course this tool will make an agreement for transaction occurs

Once this tool is functioning properly, this tool will automatically display valid and complete historical details, including transaction IDs and others as a guide to avoid fraud and third parties acting on behalf of the transaction ID. This is an important consensus mechanism in a system. computer and others

Share some popular consensus mechanisms

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  • (DPoS)
  • (BFT)
  • (PoI)

In fact, all types of consensus mechanisms have the same goal of validating all data, but this tends to be the DPoS type so that we can easily understand the system details and data history correctly according to the agreement that occurred in the transaction.

On which consensus does BTC work?

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This is a difficult question for me actually of course this question we have to first open the type of consensus mechanism and understand it well but after I studied I finally got to know it well

The consensus mechanism system found in Bitcoin is the PoW system and this is clearly visible through this system which is well regulated for data from transactions to create data in the blockchain.

This is all I can participate in on this occasion, I hope that with this contest I can learn more about blockchain and also I receive criticism and suggestions with wrong descriptions, hopefully we can learn together

Invitation: @ikwal @chant @jyoti-thelight

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Regards

@itikna09

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