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A Guide to 99% Fault Tolerant Consensus
Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type). дальше »
2018-8-9 04:03 | |
HTC Says Blockchain Phone Exodus Will Be Released Later This Year
Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives. дальше »
2018-7-18 19:47 | |
Bitcoin Lightning Network: No.1.) Can I compile and run a node?
Bitcoin Lightning Network #1: Can I compile and run a node?Lightning Network is a layer-two scaling solution for Bitcoin. Today I’ll be reviewing the Bitcoin Lightning Network, a layer-two/off-chain payment system and scaling solution for Bitcoin. дальше »
2018-7-16 14:24 | |
The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin
As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »
2018-7-13 17:16 | |
Neo (NEO) Decentralization Move Brightens Up Its Future Prospects
Neo (NEO) price shot up to join the top 10 league soon after its announcement of electing a consensus node. This move comes at a time when critics, despite being aware of Neo (NEO)’s superior technology as the “Chinese Ethereum”, have often attacked the project for being too centralized. дальше »
2018-7-5 22:30 | |
Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |