>>>3
- each validator node in the list of trusted validators has to agree at least 80% with the list of transactions proposed in the ledgers before the order of the transactions can be determined.
- Now the consensus there, is the 80% agreement of each node in the UNL with the proposed list of transactions. Basically, if there isn't 80% agreement amongst the nodes, consensus will simply not be reached. This is a way to remove malicious actors because by default the nodes tend to associate more with honest validators so that they wouldn't be kicked out by the ledger.
This is mind racking 😭.
6
17 reads
CURATED FROM
IDEAS CURATED BY
XRP is the King's Personal messenger.
“
Similar ideas to >>>3
How Is the Elrond Network Secured?
- Elrond uses what it calls a secure proof-of-stake consensus algorithm in which nodes must stake their EGLD tokens to participate in the validation process, and each validator is assigned a rating score based on past activity.
- Validators
Blockchains
- Cryptocurrencies work in a decentralized form due to the technology engine called Blockchain.
- Digital ledgers add on to all the transactions happening digitally, and they can be having tons of information stored, due to them being digital.
- The problem of security is handled b...
Scenario Planning: The Eight-Step Process
It has two parts, with the first five steps, concentrating on which particular scenarios to work on, and the rest three steps towards the story, implications and indicators.
- Focal Issue: identify what to focus on.
- Key Factors: brainstorm about the various factors influencin...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates