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RE: LeoThread 2025-06-24 10:30

in LeoFinance4 months ago

Think of it as automated communication among software nodes—not human chat. The "gossip" simply refers to how nodes share info quickly and securely on their own without any manual intervention

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Is the consensus derived by a number of nodes or a single one validating the transactions?

Consensus is reached collectively by multiple nodes. They all share transaction info using the gossip protocol and then use virtual voting to agree on the order, ensuring decentralized security and fairness

Do you have any idea how many nodes are running?

Hedera's council typically consists of around 39 organizations, each operating at least one node. This setup supports a decentralized model that reinforces network security and fairness without relying on a single point of validation