9 components to think about when selecting a blockchain consensus mechanism

With nice energy — and decentralization — comes nice accountability. Creators of a blockchain mission have many choices to make, amongst them which consensus mechanism to make use of. As with a lot in crypto, there’s no singular “industrywide” answer or desire, and there are a number of particulars to evaluate when making the selection.

Whereas safety and reliability are all the time prime priorities, forward-looking blockchain tasks should take each project-specific particulars and evolving developments into consideration earlier than making a last choice. Beneath, 9 members of Cointelegraph Innovation Circle focus on components a blockchain mission ought to take into account when selecting a consensus mechanism and why they’ll play a task in long-term success.

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