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What is the Byzantine Generals Problem?
Understanding the Byzantine Generals Problem is a key step in understanding how Proof-of-Work and other consensus algorithms work. The post What is the Byzantine Generals Problem? appeared first on CoinCentral. дальше »
2023-7-30 01:54 | |
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Policy Reform Required as Swedish Director Generals Look to Ban Proof-of-Work Mining
The director generals at the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency call for EU-ban on proof-of-work mining, as it threatens to negate transition efforts made by the region to cleaner energy. дальше »
2021-11-7 13:20 | |
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Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault. ” Throughout the history of man, people used ledgers to record economic transactions and property ownership. дальше »
2020-8-3 02:30 | |
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Bitcoin Swells by $7.6 Billion in Just Hours: Does Pump Suggest Safe Haven or Speculation?
The Bitcoin price increased dramatically following news that US drone strikes on Iran have killed one of the nation’s top generals, Qassam Suleimani. Many commentators have quickly attributed the sudden surge of buying pressure to individuals using the digital asset as a hedge in times of heightened political uncertainty. дальше »
2020-1-4 01:08 | |
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Facebook’s Crypto Scheme Triggers Massive Regulatory Backlash
Following reports earlier today that dozens of state attorney generals were set to officially commence antitrust investigations into Big Tech behemoths Facebook and Google, New York Attorney General Letitia James confirmed that at least one of the companies would indeed face government scrutiny. дальше »
2019-9-8 17:18 | |
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Facebook's Crypto Scheme Triggers Massive Regulatory Backlash
Following reports earlier today that dozens of state attorney generals were set to officially commence antitrust investigations into Big Tech behemoths Facebook and Google, New York Attorney General Letitia James confirmed that at least one of the companies would indeed face government scrutiny. дальше »
2019-9-6 17:18 | |
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What is Byzantine Generals Problem and How Blockchain solves it?
Anyone interested in cryptography has at some point heard of the “Byzantine Generals” problem. This problem has been the main stepping stone for every secure, decentralized voting system created in the past. дальше »
2019-1-17 15:00 | |
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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 | |
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