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A Hitchhiker’s Guide to Consensus Algorithms – Hacker Noon
Don’t Panic. Behind every great cryptocurrency, there’s a great consensus algorithm. No consensus algorithm is perfect, but they each have their strengths. In the world of crypto, consensus…
blockchain  proof  work  stake  algorithms  bitcoin  consensus  crypto  article 
14 days ago by vonc
Consensus: Why Can't We All Just Agree?
Heidi Howard takes a journey through history starting with the days when the field of distributed consensus began with a proof of its impossibility and arriving to present day when recently revised understanding of consensus enables a new generation of scalable yet resilient distributed systems.
consensus  distributed 
27 days ago by jessedavis
The State of Cryptocurrency Mining – Sia Blog
For those new to the blog, I am the lead developer of Sia, a blockchain based cloud storage platform. About a year ago, myself and some members of the Sia team started Obelisk, a cryptocurrency ASIC…
mining  asic  cryptocurrency  hardware  analysis  economics  strategy  manufacturing  centralization  bitcoin  pow  consensus  politics 
4 weeks ago by orlin
(PDF) Snowflake to Avalanche: A Novel Metastable Consensus Protocol Family for Cryptocurrencies
7 Conclusion
This paper introduced a new family of leaderless, metastable, and PoW-free BFT protocols. These pro- tocols do not incur quadratic message cost and can work without precise membership knowledge. They are lightweight, quiescent, and provide a strong safety guar- antee, though they achieve these properties by not guaran- teeing liveness for conflicting transactions. We have illus- trated how they can be used to implement a Bitcoin-like payment system, that achieves 1300tps in a geo-replicated setting.
blockchain  consensus  distributed 
5 weeks ago by euler
Twitter
Reporter at “if you wanna see what a emerging asset class is then you should be there”.

consensus  bitcoin  from twitter_favs
5 weeks ago by randyhilarski
Twitter
Up next, and my last for the day:” at
Consensus  from twitter_favs
5 weeks ago by randyhilarski

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