BlockchainIntermediate

Consensus rules

The protocol rules that determine whether blockchain transactions and blocks are valid.

PLAIN-ENGLISH DEFINITION

In more detail

These are the checks that keep the ledger consistent: who can spend, what a valid block contains and how much new value may be created. Full nodes enforce them locally. A powerful miner or validator cannot make a rule-breaking block valid just by announcing it loudly.

IN THE WILD

How you might use it

A miner proposes a Bitcoin block that claims too much newly issued BTC. Nodes following the rules reject it.

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By Crypto Dictionary · Published · Updated

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An original explanation with a reference to follow. Protocol details and community usage can evolve. Sources & standards

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