A set of rules and arrangements that are carried out in blockchains with consensus, tends to be part of the |application
Blockchain changes its state from one to another due to evolving data records and transactions as time passes
This is the backbone of blockchain which enables users to be able to interact with each other in a trustless manner.
Generally, participants/nodes in the network are incentivised to verify transactions through rewards. Each blockchain Consensus Algorithm works differently, one thing is clear in any Consensus process
Ensures that all participant Node must come to an agreement when the majority of people agree on what data to write at what time with the Timestamp