Quorum Consensus

Quorum consensus is a governance or operational requirement where a specific number of participants must agree before a decision is finalized. In blockchain protocols, this ensures that changes to the state or the execution of transactions are backed by sufficient authority.

It is used to prevent minority groups from exerting undue influence over a decentralized system. When applied to multi signature wallets, it defines the operational threshold for movement of funds.

This concept is central to maintaining the stability and security of decentralized finance protocols. By requiring a quorum, the system forces consensus and reduces the likelihood of impulsive or malicious actions.