Business Studies, asked by Tausifkhan90, 10 months ago

Consensus must be reached for the transaction to be approved. justify the statement

Answers

Answered by cyrusbishop
4

Consensus always reaches for the transaction to be proved, because Consensus keep records of the all transactions report of money. We all know that Transaction money are different types like cash, bank transaction, Bitcoin, swapping money, atm cash money.

Consensus machines keep these real records. They send a copy to us and another is in the machines. These are called proof of work. So, when we get the copy of transactions then the consensus machines are approved. Bitcoin using also used by consensus. Consensus keeps the every amount of Bitcoin.

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