Consensus Mechanism Quiz

How many consensus mechanisms do you know? Touch bases on all major consensus mechanisms used in the blockchain world with this quick Crypto quiz. Let’s start

INTERESTING FACT

One of the biggest differences between proof of stake and proof of work is the amount of electricity used.

How are transactions validated on a blockchain?

What is a consensus mechanism in blockchain?

what of the following is a consensus mechanism

What is Proof of Work consensus mechanism?

What incentivizes miners to validate transactions?

Which of these are pros of Proof of Stake?

Which of these is an objective of consensus mechanism?

Which is not a part of asymmetric encrption?