Buy and Sell
Consensus in the blockchain world can be defined as majority agreement, often set at a minimum of 51%. When 51% of the entities or people on the network (blockchain) agree to a change, such as a transaction or a change in the system, 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 to have a method to manage decentralized systems. For example, a consensus is also required to perform a hard fork.
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