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What Is the Primary Role of a Blockchain’s Consensus Mechanism in Token Creation and Security?

Consensus ensures transaction validity, prevents double-spending, and maintains the blockchain's immutable record of tokens.
Greeks.Live16.11.25

What Is the Primary Role of a Blockchain’s Consensus Mechanism in Token Creation and Security?

The consensus mechanism ensures all nodes on the network agree on the validity of transactions, including the creation and transfer of new tokens. It prevents double-spending and maintains the immutability of the ledger.

For token security, it makes tampering with the token's history practically impossible. Proof-of-Work (PoW) and Proof-of-Stake (PoS) are two common examples.

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