Libonomy Consensus Algorithm

Libonomy Consensus
Algorithm

01
Node Joins

When node joins the network, different aspects

02
Assigned

Algorithm assigns the Node to one of four different pools

03
Verification

Nodes verify transactions by distributing resources

04
Revision

At the end of the cycle, the algorithm checks the

01
Node Joins

When node joins the network, different aspects

03
Verification

Nodes verify transactions by distributing resources

05
Rewards

Data set of the cycle is submitted to state engine to

Autonomous Interoperable AI Blockchain Libonomy's Consensus

Process of Consensus algorithm In simple terms