50 - Consensus
Decentralized consensus in the context of Ethereum refers to the process of determining which miner’s block should be appended next to the blockchain.
This involves two key components of Proof-of-Work (PoW) and the Longest-chain Rule. Miners apply these rules to build on the canonical blockchain.
This is referred to as "Nakamoto Consensus” and is adapted from Bitcoin.
- Nakamoto Consensus
- Next Block -> Which Miner?
- Proof of Work (PoW)
- Longest Chain Rule