How does your blockchain network ensure that all its nodes are working together aligned and securely? How does it reach consensus and finality?
There are different categories of blockchains out there. Which one you select depends on where and how do you intend to use it i.e. basis your application. In the previous episode, I shared on various types of blockchains and mentioned that understanding these along with the various types of consensus protocols can serve as pointers towards your blockchain selection. So, here is the one on consensus.
Welcome to the Blockchain Hustle where I take a look at some interesting plays of how blockchain technology is opening up new business vistas across multiple industries.
TIME STAMPED SHOW NOTES:
[00.17] Introduction
[00.47] The problem statement – Byzantine generals problem
[02.29] Proof of Work
[04.52] Proof of Stake
[05.54] Takeaway and Summary
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LinkedIn http://sg.linkedin.com/in/meenusarin | Twitter @meenusarin |
Email meenu@vlsiconsultancy.com|
Website www.vlsiconsultancy.com | Blog http://www.vlsiconsultancy.com/newblog
Episode 26: Blockchain in the New Norm - Part 5
Blockchain Hustle - Introductory episode
Episode 25: Blockchain in the New Norm - Part 4
Episode 24: Blockchain in the New Norm - Part 3
Episode 23: Blockchain in the New Norm - Part 2 (Introduction - Safe back to work)
Blockchain in the New norm - Part 1 (Introduction)
Episode 21: Blockchain in Public sector - Part 14 (Summary & Wrap-up)
Episode 20: Blockchain in Public sector - Part 13 (Learnings)
Episode 19: Blockchain in Public sector - Part 12 (Combat Corruption)
Episode 18: Blockchain in Public sector - Part 11 (Combating Corruption)
Episode 17: Blockchain in Public sector - Part 10 (To Blockchain, or not to Blockchain)
Episode 16: Blockchain in Public sector - Part 9 (Some examples - Thailand)
Episode 15: Blockchain in Public sector - Part 8 (Some examples - UAE)
Episode 14: Blockchain in Public sector - Part 7 (Some insights from India)
Episode 13: Blockchain in Public sector - Part 6 (Some insights from a few projects in Europe)
Episode 12: Blockchain in Public sector - Part 5 (Some examples - Netherlands, Switzerland)
Episode 11: Blockchain in Public sector - Part 4 (Some examples – Georgia, Malta)
Episode 10: Blockchain in Public sector - Part 3 (Requisite infrastructure & features)
Blockchain in Public Sector - Part 1 (Introduction)
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