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What Is Blockchain? From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. What Is Blockchain?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain7 Jan 2022|BEGINNERS|6 MIN READWhat Is Blockchain?From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. In the simplest of terms, a blockchain is a group of computers that works together to process and record data, ensur…
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What Is Blockchain? From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. What Is Blockchain?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain7 Jan 2022|BEGINNERS|6 MIN READWhat Is Blockchain?From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. In the simplest of terms, a blockchain is a group of computers that works together to process and record data, ensur…
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What Is Blockchain? From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. What Is Blockchain?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain7 Jan 2022|BEGINNERS|6 MIN READWhat Is Blockchain?From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. In the simplest of terms, a blockchain is a group of computers that works together to process and record data, ensur…
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What Is Blockchain? From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. What Is Blockchain?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain7 Jan 2022|BEGINNERS|6 MIN READWhat Is Blockchain?From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. In the simplest of terms, a blockchain is a group of computers that works together to process and record data, ensur…
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What Is Blockchain? From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. What Is Blockchain?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain7 Jan 2022|BEGINNERS|6 MIN READWhat Is Blockchain?From the Byzantine Generals Problem to consensus, this article explains what blockchain is and how it works. In the simplest of terms, a blockchain is a group of computers that works together to process and record data, ensur…
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…In some circles, it is also a metric that measures how successful an investment is in outperforming the market.Full definitionAltcoinAny cryptocurrency other than Bitcoin is referred to as an altcoin.Full definitionAnti-Money Laundering (AML)Anti-money laundering (AML) refers to the procedures, laws, regulations, and any other tools intended to prevent money laundering.Full definitionAnti-Phishing CodeAn Anti-Phishing Code is a security feature to help protect from phishing attacks, where users …
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…Federated BFT (fBFT) A succinct definition of Federated BFT (fBFT) Federated BFT (fBFT)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFEDERATED BFT (FBFT)Copy linkShare on TwitterShare on FacebookShare on LinkedinFederated BFT (fBFT)Federated Byzantine Fault Tolerance (fBFT) is a consensus mechanism designed to enhance scalability, security, and decentralisation in blockchain, particularly in networks where a federation of trusted nodes participates in validating transactions.A…
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…This foundational innovation, combined with a robust Proof of Stake (PoS) layer and Tower Byzantine Fault Tolerance (Tower BFT) consensus, has enabled Solana to process thousands of transactions per second (tps) while maintaining decentralisation and affordability. Solana is recognised for its vibrant developer community, cultural virality through meme coins and NFTs, and product innovation, including mobile hardware. It has positioned itself as a serious alternative to Ethereum in several consu…
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…This foundational innovation, combined with a robust Proof of Stake (PoS) layer and Tower Byzantine Fault Tolerance (Tower BFT) consensus, has enabled Solana to process thousands of transactions per second (tps) while maintaining decentralisation and affordability. Solana is recognised for its vibrant developer community, cultural virality through meme coins and NFTs, and product innovation, including mobile hardware. It has positioned itself as a serious alternative to Ethereum in several consu…
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…Its governing council comprises industry heavyweights such as Google, IBM, Tata Communications, LG Electronics, Deutsche Telekom, among other major corporations. The Hedera proof of stake (PoS) public network is driven by hashgraph consensus that exhibits asynchronous Byzantine fault tolerance (aBFT), theoretically making it possible for the platform to deliver fast transaction speeds, low bandwidth consumption, and high levels of security. Hedera claims that its Hashgraph can process more than…
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