A consensus mechanism guarantees that every node agrees on a single, consistent, and honest ledger state. Have you ever imagined a world of digital transactions without a central bank? Blockchain ...
Technology plays an increasingly important role in financial services. With the pace of technological inno-vation moving ever faster, the role new technology plays in the provision of financial ...
Much of our effort in business and beyond is focused on creating an ordered society, centralized or decentralized, autocratic or democratic, manual or mechanical. Even with the infiltration of ...
Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain. A team of researchers from universities in Australia ...
The U.S. patent, titled “Gaming consensus protocol for blockchain,” was awarded last week and proposes the model of electing a subset of any game’s users to verify transactions, and then from within ...
Bitcoin (BTC) launched with the ideal technology for the era it was introduced in. Proof-of-work (PoW), the underlying consensus that predates the first cryptocurrency, provides a self-sustaining ...
Consensus mechanisms underpin the effective operation of blockchains by ensuring a single consistent and honest ledger. The design and implementation of these consensus mechanisms can improve or ...
Blockchains are evolving, and consensus mechanisms are at the heart of it. Here's a quick look at the range of decentralized validation and authentication mechanisms in use today. Blockchain networks ...