Learn the various types of consensus algorithms implemented across public and private distributed ledgers.
Understanding leader-based consensus algorithms
Systems that rely on leader-based consensus algorithms are vulnerable to problems of security and fairness.
What are voting-based consensus algorithms?
Voting-based consensus algorithms achieve consensus on transactions (and sometimes network decisions) by tallying the number of votes cast by nodes on a distributed ledger network.
What are economy-based consensus algorithms?
An economy-based consensus algorithm simulates an economy, where economic rationality drives the underlying consensus.
Proof-of-work, and its flaws, explained
The proof-of-work form of distributed ledger technology presents room for improvement in terms of fairness, security, expense and efficiency.
What are the strengths of the hashgraph virtual voting algorithm?
The hashgraph virtual voting algorithm provides strong math proofs, excellent security and the highest speeds possible.