jspωiki
Stellar Consensus Protocol

Overview[1]#

Stellar Consensus Protocol is the Protocol used to interact with the Stellar Network

Stellar Consensus Protocol is a construction for Federated Byzantine Agreement (FBA).

Stellar Consensus Protocol provides a way to reach consensus without relying on a closed system to accurately record financial transactions.

Stellar Consensus Protocol is the first provably safe consensus mechanism that simultaneously enjoys four key properties:

  • decentralized control
  • low latency
  • flexible trust
  • asymptotic security.

Stellar Consensus Protocol is inspired by Bitcoin—we’ve taken our lessons from the space and added the ability to tolerate non-rational actors in an environment with low computing power.

Stellar Consensus Protocol is the basis of public infrastructure for money, making Stellar a blank canvas for people to design financial services that fit their lives.

Our goal is for SCP to make a profound difference in financial inclusion. Beyond our work at Stellar, however, we hope that SCP is a significant contribution to the distributed systems space. To get an understanding of consensus, read an overview of the white paper and explore other resources in our new Stellar Galaxy

More Information#

There might be more information for this subject on one of the following: