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Quiz Entry - updated: 2026.07.30

What is Nakamoto consensus?

Bitcoin's consensus rule combining Proof of Work (who may author a block) with the longest-chain rule (which competing history is canonical).

Neither half alone is "the consensus": Proof of Work provides Sybil resistance, and the longest-chain rule selects among valid chains. Calling Proof of Work alone the consensus is a common imprecision.

From Quiz: IOTHACK / IOTHACK Glossary | Updated: Jul 30, 2026