Overview#

Nakamoto consensus 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 ‘Nakamoto consensus’ 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:

• Ethereum

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• [#1] - Byzantine Generals and Nakamoto Consensus - based on information obtained 2018-04-13-