Vitalik Buterin Proposes a Consensus Algorithm That Requires Only 1% to Be Honest

Vitalik Buterin Proposes a Consensus Algorithm That Requires Only 1% to Be Honest
фото показано с : trustnodes.com

2018-8-10 15:43

“If you add even more assumptions (specifically, you require observers to also be actively watching the consensus, and not just downloading its output after the fact), you can increase fault.

. .

The post Vitalik Buterin Proposes a Consensus Algorithm That Requires Only 1% to Be Honest appeared first on Trustnodes.

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Consensus (SEN) на Currencies.ru

$ 0 (+1.98%)
Объем 24H $0
Изменеия 24h: 13.15 %, 7d: 36.12 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0082535 (-100%)

consensus honest vitalik buterin algorithm proposes only

consensus honest → Результатов: 5


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).

2018-8-9 04:03


Фото:

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Фото:

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.

2018-7-13 17:16