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Peer-Ranked Consensus

Definition

Peer-ranked consensus is a distributed agreement mechanism where nodes evaluate and assign reputation or trust scores to their peers. This system uses collective feedback and observed behavior to determine the reliability and influence of individual participants within a network. Nodes with higher rankings or reputations are given more weight in the consensus process, promoting good behavior and penalizing malicious actors. It aims to achieve robust agreement in dynamic and potentially adversarial environments without relying on fixed identities or external authorities.