Select the best statement for determining how consensus is reached.
A) By the miner nodes which make sure that a transaction is valid.
B) By a cryptographic secure signature algorithm called ECDSA which makes sure that cheating is impossible.
C) By every single node in the blockchain network different transactions.
D) By every single node in the blockchain network executing the same transaction.

Question

Quizplus · Accepted Answer

If you send a transaction to the network, then one miner-node will at some point pick it up. The Miner will run the transaction and add the result to the next block. Now, this doesn't imply consensus yet. By design all nodes don't trust each other. Each node must verify that the transaction the miner added to the block is really valid. This means, consensus is reached by having every node running the same transactions again and verifying that the result is correct. Plus, the results are verified in a cryptographic manner.

Select the Best Statement for Determining How Consensus Is Reached