Terenval Crypto Glossary · Русская версия
Consensus
Definition: Consensus is the set of rules and mechanisms a blockchain network uses to agree on valid state, transaction ordering and which history participants should accept.
Bitcoin uses Proof of Work, while Ethereum uses Proof of Stake; different systems make different security and finality trade-offs.
How this concept appears in Terenval Wallet
Terenval relies on the consensus of each supported network for transaction validity and confirmation rather than deciding ledger state itself.
Important: A wallet cannot make a transaction final if the underlying network has not accepted it.
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