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How does the Blockchain Work? (Part 3)

What is consensus and why does it matter?

Collin Thompson
Oct 5, 2016 · 8 min read
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First, let’s note the differences between public, consortium and private blockchains.

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Blockchains fundamentally operate on the basis of how consensus is agreed upon for each transaction added to the ledger.

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The Blockchain Review by Intrepid

A Blockchain Technology Business Journal by Intrepid

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