What Are Bitcoin Consensus Rules

This section describes what are Bitcoin Consensus Rules.

Bitcoin Consensus Rules are rules that allow nodes in the Bitcoin network to maintain Bitcoin consensus.

Bitcoin consensus is a state when most nodes in the Bitcoin network all have the same blocks in their locally-validated best block chain.

The best block chain is the most-difficult-to-recreate chain, which is really the longest branch of the blockchain tree.

Currently, Bitcoin nodes are following these primary Consensus Rules:

Last update: 2018.

Table of Contents

 About This Book

 Introduction of Bitcoin

 Bitcoin Blockchain

 Bitcoin Wallet

 Bitcoin Core

 Bitcoin Transaction

 Bitcoin-Qt - Bitcoin Core GUI

 Bitcoin Mining

Bitcoin Consensus Rules

What Are Bitcoin Consensus Rules

 Controlled Supply Rule - Total of 21M BTC

 Mining Reward Rule - Start with 50 BTC

 Proof of Work Rule - Find a Small Hash Value

 Bitcoin Block Data Structure

 Bitcoin Transaction Data Structure

 blockexplorer.com API

 Copay - Bitcoin Wallet


 PDF Printing Version