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====== Webpage: SHAH  ======
[[dido:public:ra:xapend:xapend.k_consensus:09_ref:start | Return to References]]

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^ Author           | AUTHOR1;  |
^ Title            | Blockchain Consensus Algorithms and its Objectives and Properties  |
^ Web Domain       | Fusion Informatics |
^ Date of Release  | 17 December 2019 |
^ Keywords         | Blockchain, DLT, Objectives, Consensus, |
^ URI              | [[https://www.fusioninformatics.ae/blog/blockchain-consensus-algorithms-and-its-objectives-and-properties/]] |
^ Data Accessed    | 2021/07/22 12:49 |

===== Description =====
[[dido:public:ra:xapend:xapend.k_consensus:09_ref:shah | Return to Top]]

In the simplest terms, a [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]] is a time-stamped collection of unchangeable data records controlled by a group of computers, which do not belong to a single [[dido:public:ra:xapend:xapend.a_glossary:e:entity|entity]]. All these data blocks (i.e. blocks) are protected by cryptographical concepts (i.e. chains) and are bound to each other.

Of course, we all know that.

However, have you ever wondered how all this can be achieved?

Who manages this network and reviews every payment if there is no centralized authority?

Okay, it’s just Blockchain [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm|consensus algorithms]]–the core part of Blockchain’s development world that we’re going to discuss in this comprehensive guide. So let us start exploring the Blockchain consensus algorithm theory without a delay.

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