Does Bitcoin Blockchain solves Byzantine General Problem?

Does Bitcoin Blockchain solves Byzantine General Problem?

If bitcoin blockchain solves byzantine general problem, can you give an example of how it solves it?

Thanks

http://ift.tt/2BVys9u

Comments

Post a Comment

Popular posts from this blog

QUESTION ABOUT SLOW API

QUESTION ABOUT SLOW API do you know about api requests cryptocurrency exchanges? Simple ticker request may be viewed like this: https://api.kucoin.com/v1/open/tick or like this: https://www.okex.com/api/v1/ticker.do?symbol=ltc_btc Different: in first case we get info about all currencies in one request and then pick up certain symbols and parameters, we need. Symbols are the keys of dictionaries or lists and other params are their values. In second case I should create new request for each currencies I considering. Is it neccesary? If I consider, for instance 60 symbols, and do operations with them in Python - programm bot become slow enough. One-two ticker requests are long about 30 sec - for compare, in first case - 5 sec. How can I solve this problem? Thanks. http://ift.tt/2HpiAM0
Read more

How do 'Sphinx' invoice-less payments on the Lightning Network work?

How do 'Sphinx' invoice-less payments on the Lightning Network work? There was recently a WIP draft published to the lnd Github, for a 'Sphinx payment mode' for Lightning Network nodes. To quote Roasbeef from the Github PR : [this allows] the ability to send a payment to a destination without first needing to have an invoice Though this is a WIP, it can apparently be used on mainnet already, as long as all nodes involved are upgraded to include the new code. So how does this work? At a high level, what does the UX look like? At a low level, what differences are there in terms of completing the payment (passing HTLCs around), compared to a standard LN transaction? Whats going on under the hood? http://bit.ly/2FoFIgP
Read more

Millennial Investors Prefer Crypto Over Stock Exchange

Millennial Investors Prefer Crypto Over Stock Exchange In a survey that was officially commissioned by eToro – the global investment platform, indicates an encouraging and fruitful future for Bitcoin as massive Millennials have a preference of crypto to fiat financial markets. However, high barriers are stopping millennials from making bullish investments. https://ift.tt/2NG4pqa
Read more