StellarBase

Consensus is a core component of any blockchain network,
as it determines how transactions are validated and agreed upon.

The Stellar network uses a unique system called
the Stellar Consensus Protocol (SCP),
which differs from traditional mining-based mechanisms.

Instead of relying on proof-of-work or proof-of-stake,
SCP allows independent nodes to reach agreement
through a process based on trust and quorum slices.

Each node selects a group of other nodes it trusts,
and consensus is reached when these overlapping trust groups
agree on the state of the network.

This approach enables the Stellar network
to process transactions quickly and efficiently,
while consuming significantly less energy than mining-based systems.

Because of its design,
the Stellar Consensus Protocol is well-suited for
real-world financial applications,
including payments, remittances, and asset transfers.

Understanding how SCP works helps clarify
why Stellar is often chosen for practical
and scalable blockchain solutions.