Ultron Foundation24 Jan, 2025Business
Now, we have Ultron. Ultron claims that their consensus mechanism has solved the blockchain trilemma. A consensus mechanism is what allows blockchains to function. In a decentralised system, this is what brings all of the blockchain’s individual nodes together (what allows them to agree on the state of the network). In practise, this can take the form of simple “majority rules” voting, taking turns being the “leader” of a block, or any of a number of other mechanisms.
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