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Nakamoto consensus
Nakamoto consensus

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!!! Overview
[{$pagename}] is the [Consensus] [Algorithm] used within the [Bitcoin] [Blockchain]
On the [Cryptography] mailing list, [Satoshi Nakamoto] claimed that the [Proof-of-Work] chain is a solution to the [Byzantine Generals Problem].
[Satoshi Nakamoto]’s proposed solution to the BGP has since come to be known as ‘[{$pagename}]’ which is the following summarized [protocol]:
* Always use the longest history.
* Appending a [block] to any history requires a proof that a certain amount of work – proportional in expectation to the total ‘capability’ of the network – has been completed.
!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
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* [#1] - [Byzantine Generals and Nakamoto Consensus|https://jtobin.io/byzantine-generals-nakamoto-consensus|target='_blank'] - based on information obtained 2018-04-13-
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop