Weighted Consensus

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Weighted consensus is a mechanism used in blockchain systems to reach agreement among participants or nodes. Instead of treating all nodes equally, it assigns different weights to them based on various factors, such as the amount of cryptocurrency they hold or their reputation. This approach aims to enhance the decision-making process and improve efficiency. For example, nodes with higher stakes might have a greater influence on the validation of transactions, which can lead to quicker consensus and reduce potential abuses.Weighted consensus can also encourage more active participation. By tying a node’s influence to its investment in the network, individuals and entities are motivated to act in the system’s best interest, thereby enhancing security and stability. Overall, this method balances power dynamics and promotes a collaborative environment while still allowing for scalability and efficiency in transaction validation.

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