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dido:public:ra:xapend:xapend.a_glossary:d:delegated_byzantine [2021/07/30 13:09]
murphy
dido:public:ra:xapend:xapend.a_glossary:d:delegated_byzantine [2021/10/04 13:40]
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 ===== Delegated Byzantine Fault Tolerant (dBFT) ===== ===== Delegated Byzantine Fault Tolerant (dBFT) =====
-[[dido:​public:​ra:​xapend:​xapend.a_glossary| Return to Glossary ]]+[[dido:​public:​ra:​xapend:​xapend.a_glossary:start| Return to Glossary ]]
  
 **Delegated Byzantine Fault Tolerant (dBFT) ** is a consensus mechanism that was made popular by a [[dido:​public:​ra:​xapend:​xapend.a_glossary:​c:​cryptocurrency|cryptocurrency]] called NEO. dBFT essentially works in a similar fashion to a country’s governance system, having its own citizens, delegates, and speakers to ensure that the country (Node Network) is functional. The method is closer to [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​proof_of_stake_pos]] rather than [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​proof_of_work]],​ by utilizing a voting system to choose delegates and speaker. **Delegated Byzantine Fault Tolerant (dBFT) ** is a consensus mechanism that was made popular by a [[dido:​public:​ra:​xapend:​xapend.a_glossary:​c:​cryptocurrency|cryptocurrency]] called NEO. dBFT essentially works in a similar fashion to a country’s governance system, having its own citizens, delegates, and speakers to ensure that the country (Node Network) is functional. The method is closer to [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​proof_of_stake_pos]] rather than [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​proof_of_work]],​ by utilizing a voting system to choose delegates and speaker.
dido/public/ra/xapend/xapend.a_glossary/d/delegated_byzantine.txt · Last modified: 2022/01/15 18:14 by nick