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'Consensus' algorithms
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Topic: 'Consensus' algorithms (Read 1732 times)
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November 15, 2014, 09:40:02 am
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#1
santaclause102
Hero Member
Posts: 2486
'Consensus' algorithms
Am I right that algorithms/concepts/networks like PBFT, ripple and hyperledger all fall into the same category
in so far
as they all suffer from being either not open (=the participation (as a node) in the finding of the consensus depends on the decision of a centralized entity) or if everyone can provide a node they suffer from sybill attacks?
Links:
http://www.coindesk.com/stellar-ripple-hyperledger-rivals-bitcoin-proof-work/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29
http://hyperledger.com/
http://video.mit.edu/watch/practical-byzantine-fault-tolerance-9388/
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