Computer Science · Blockchain Technology
What is the primary collective purpose of blockchain consensus protocols like Proof of Work (PoW) and Proof of Stake (PoS)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To host decentralized front-end web applications on cloud servers
- 2To eliminate the need for cryptographic hash functions
- 3To validate transactions while keeping the network decentralized and secure✓
- 4To maximize transaction processing fees for institutional banks
Correct answer
To validate transactions while keeping the network decentralized and secure
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