Consensus - International Association for Human Resources Information Management

The process of achieving agreement among participants in a distributed network on the validity of transactions or actions.

Glossary: Consensus mechanism
The algorithm or protocol used to reach agreement among participants in a distributed network, determining how consensus is achieved and maintained.
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Glossary: Agent-centric consensus
A consensus mechanism used in decentralized systems, where individual agents independently validate and agree upon the validity of transactions or actions, enabling a more scalable and energy-efficient approach to consensus.
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Glossary: Consensus-Driven Decision-Making
A decision-making process that involves reaching agreement or consensus among participants in a network or community.