Consensus Protocol Rules
Consensus Protocol Rules are the fundamental algorithms that dictate how a blockchain network functions, including transaction validation and block production. These rules are encoded into the software and must be followed by all participants to maintain network integrity.
They govern everything from token issuance to the handling of smart contract interactions. Any change to these rules requires broad community agreement or a hard fork.
For financial protocols, these rules represent the ultimate ground truth. Understanding them is necessary for anyone analyzing the long-term stability and security of a decentralized system.