Alex ZhongDec 25, 2021 · 3 years ago8 answers How does ethereum consensus affect the decentralization of the digital currency ecosystem?
In the digital currency ecosystem, the concept of decentralization is highly valued. Ethereum, one of the leading cryptocurrencies, relies on a consensus mechanism to validate transactions and maintain the integrity of its blockchain. How does the consensus mechanism used by Ethereum impact the decentralization of the digital currency ecosystem? What are the implications for the security, scalability, and governance of the Ethereum network?