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What Is ‘Nakamoto Consensus’?

Nakamoto Consensus is the combination of Proof-of-Work, the longest chain rule, and the difficulty adjustment algorithm that allows a decentralized network of nodes to agree on the state of the ledger without a central authority. It is the mechanism that ensures all participants converge on a single, shared history of transactions, securing the Bitcoin network.

What Is the ‘Longest Chain Rule’ and How Does It Resolve Conflicting Blocks?
How Does the “Longest Chain Rule” Resolve Discrepancies between Full Nodes?
What Is the Concept of ‘Nakamoto Consensus’?
What Is the Role of a ‘Nakamoto Consensus’ in Resolving Chain Splits?