What do participants of wikis do?

Some of us think that a wiki is this:

::'Consensus' - General agreement or accord; an opinion or position reached by a group as a whole.

Others think that it is this:
::'Conformity' - Similarity in form or character; agreement; action or behavior in correspondence with socially accepted standards, conventions, rules, or laws.

There are connotations involved and this seems to be the only difference in the terms.

*Is it both?
*Is it niether?
*Is it one or the other?
*What are the connotations?
*How are they used?

Please don't just rant. We need detailed explanations in order to find this truth.
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