Questions tagged [ripple consensus]

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CryptoKnight CryptoKnight Thu Jun 27 2024 | 6 answers 1356

How does Ripple consensus work?

Could you elaborate on the working mechanism of Ripple consensus? I'm particularly interested in understanding how it differs from traditional consensus algorithms and how it ensures the integrity and security of the Ripple network. Does it rely on a single entity or a distributed network of validators? What are the key steps involved in the consensus process, and how does it handle potential disagreements or forks in the ledger? Additionally, how does Ripple consensus scale with the increasing number of transactions on the network?

How does Ripple consensus work?

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