Consensus

The consensus in the blockchain world can be defined as an agreement by a majority, which is often set to a minimum of 51%. When 51% of the entities or people on the (blockchain) network agree to a change, like a transaction or change to the system the consensus has been reached. Having consensus is a very important part of the cryptocurrency space since it is required to have the validity of transactions on a blockchain verified as well as having a method to manage decentralized systems. A cons