Definition of «consensus rules»

"Consensus rules" refer to a set of rules or agreements that everyone involved in a group or community agrees to follow. These rules are created in order to make fair and collective decisions that are accepted and respected by all members.

Phrases with «consensus rules»

Sentences with «consensus rules»

  • In other cases, a majority of miners might be convinced to switch to the new consensus rules after a fork has occurred. (cryptoninjas.net)
  • It does not change consensus rules for the network, but it will block most transactions made by out - of - date wallets. (bitseed.org)
  • It could do so, moreover, without breaking any of the existing consensus rules - including the block size limit. (bitcoinmagazine.com)
  • (see all sentences)
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