Democratically Managed Blockchain
Community-Oriented Projects
The Consensus Network is built on the principle of community governance. Unlike traditional blockchains where decisions are often centralized, The Consensus Network places power directly in the hands of its users. Every miner and user has a vote in major decisions, including protocol changes, upgrades, and the use of community funds. This democratic approach ensures that the network evolves in a way that benefits all members, not just the few.
Faster, Scaleable & Decentralized
Unlocking Efficiency and Scalability with the GhostDAG - Ghost Directed Acyclic Graph Protocol -
Fastest transactions
Consensus Networks generates multiple blocks every second for posting transactions to the ledger. Combined with fully confirmed transactions in 10 seconds, this makes Consensus Network ideal for everyday transactions.
Scalability
Consensus Network solves the scalability problem with its ability to generate and confirm multiple blocks per second. This comes with no trade-off to security and decentralization as seen with Proof-of-Stake networks.
Decentralized
By employing a proof-of-work system, the consensus network remains unstoppable. It is managed by the community.
Tokenomics
- Total Coin Supply: 28.4 billion CSS
- Community Funds: 6 billion CSS which will be used for project development, any withdrawal will be subject to a community vote
- Monthly Halving: The block reward is reduced each month to reduce selling pressure
- Long-Term Sustainability: With a total subsidy cycle of over 36 years, the issuance of new coins will reach zero on April 27, 2059
- Blockchain launched: The Consensus Network was launched on April 27, 2024, at 21:00 UTC.
User resources
