Which consensus algorithm does Bitcoin use?

Which consensus algorithm does Bitcoin use?

a) Proof of Stake (PoS)
b) Delegated Proof of Stake (DPoS)
c) Proof of Work (PoW)
d) Byzantine Fault Tolerance (BFT)

Answer:

c) Proof of Work (PoW)

Explanation:

Bitcoin uses Proof of Work (PoW) as its consensus algorithm, which requires miners to solve complex computational puzzles to validate transactions.

Reference:

Blockchain Quiz – MCQ Questions and Answers

Scroll to Top