We'll explore consensus algorithms in easy terms. We'll see how these smart systems make keep computers on the same page and how they protect themselves.

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Hacker Noon

Consensus algorithms are essential in decentralized networks, ensuring that computers agree on shared data and valid transactions without a central authority. In simple terms, it's like friends agreeing on changes to a shared document. Attacks like Nothing-at-Stake, Long-Range, Nothing-to-stake, and 51% can compromise network security.

Consensus Algorithms: How Computers Agree and Stay Safe Together