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Topological Consensus

Definition

Topological consensus refers to a distributed agreement mechanism where nodes reach a shared view of transaction order based on network structure. This consensus approach leverages the arrangement and connections between nodes in a distributed ledger technology network to determine the validity and sequence of transactions. It often involves concepts from graph theory, where transactions form a directed acyclic graph rather than a linear blockchain. Nodes independently verify and append transactions, with consensus emerging from the collective agreement on the graph’s structure.