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Exploring the Fundamentals of Blockchain Consensus Algorithms

Question 1 of 15

What is the primary purpose of a consensus algorithm in a blockchain network?

  1. To validate transactions and add new blocks to the blockchain.
  2. To ensure the security and integrity of the blockchain.
  3. To facilitate communication and data exchange among network participants.
  4. To manage and distribute computational resources across the network.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000