It used to be that bitcoin mining was a community affair, but the process of confirming bitcoin transactions now requires an immense amount of hashing power specific to the SHA-256 mining algorithm.
MicroCloud Hologram Inc. (NASDAQ: HOLO), ("HOLO" or the "Company"), a technology service provider, proposed a quantum intelligent interconnected fault-tolerant consensus algorithm that deeply ...
Telegram Open Network published a paper for Catchain, its proposal for a Byzantine Fault Tolerant consensus mechanism that is currently implemented in the testnet. A Feb. 3 paper authored by Nikolai ...
South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance ...
The logic embodied in all the nodes of a blockchain that ensures the chain's integrity. Because there is no central authority in a blockchain, the consensus mechanism ensures that at least 50% of the ...
Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Jinsong Yu shares deep architectural insights ...
We hear plenty of talk of how public blockchains are going to change the world, but to function on a global scale, a shared public ledger needs a functional, efficient and secure consensus algorithm.
An internet of money. That's the dream. The trouble is: we need a way ensuring that the people can be trusted, that this vast network of machines can reliably keep track of our money, that no one can ...