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cbdc:public:cbdc_omg:04_doc:90_recommend:93_recomend:10_consensus [2022/05/16 18:11] nick ↷ Links adapted because of a move operation |
cbdc:public:cbdc_omg:04_doc:90_recommend:93_recomend:10_consensus [2022/05/18 00:52] (current) nick |
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| ====== 6.11.1 Consensus Algorithms ====== | ====== 6.11.1 Consensus Algorithms ====== | ||
| - | [[cbdc:cbdc_omg:04_doc:90_recommend:93_recomend:start| Return to RDT&E]] | + | |< 100% >| |
| + | | [[cbdc:public:cbdc_omg:04_doc:90_recommend:93_recomend:start| Return to RDT&E]] | <WRAP> | ||
| + | <html><b> | ||
| + | <a href="mailto:[email protected]?Subject=OMG CBDC Response: | ||
| + | 6.11.1 Consensus Algorithms | ||
| + | ">Provide Feedback</a></b> | ||
| + | </html> | ||
| + | </WRAP> | | ||
| : // Consensus algorithms are the basis of all the blockchains/DAGs. They are the most important part of the blockchain/DAG platforms. Without them(consensus algorithms) we will be left with just a dumb, immutable database.//(( | : // Consensus algorithms are the basis of all the blockchains/DAGs. They are the most important part of the blockchain/DAG platforms. Without them(consensus algorithms) we will be left with just a dumb, immutable database.//(( | ||
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| * Vulnerability during Cyberattacks | * Vulnerability during Cyberattacks | ||
| - | Currently, in the Cryptocurrency world, most of the Mining Operations have moved from being distributed to being centralized and operated be a few select organizations in highly centralized locations. For example, | + | Currently, in the Cryptocurrency world, most Mining Operations have moved from being distributed to being centralized and operated by a few select organizations in highly centralized locations. For example, |
| : //Fundamentally, Bitcoin mining operations ad traditional data centers are similar in the basic design and operational principles. Power must be brought into the building and distributed to the requirement, air distribution systems cool the equipment, and the building provides protection from outdoor conditions and security threats.//(( | : //Fundamentally, Bitcoin mining operations ad traditional data centers are similar in the basic design and operational principles. Power must be brought into the building and distributed to the requirement, air distribution systems cool the equipment, and the building provides protection from outdoor conditions and security threats.//(( | ||