Possesses a Consensus Algorithm

The reason why the features of Blockchain work is because of the consensus algorithm. The architecture is designed in a creative way, and the consensus algorithm is a big part of it. Through consensus procedures, Blockchains can make sure that the data they store is correct and reliable.

Consensus is the main way that the active nodes in the network make decisions. Now, the nodes can agree right away and much faster. Consensus is important for the system, especially when nodes are validating transactions. This could make it the most important part of the Blockchain So, by now you should be familiar with the different parts of Blockchain. Let’s move on and figure out why and how the parts of Blockchain help with sustainability.