Lecture
Latency-Based Consensus
- A 99% fault tolerant consensus algorithm based on network latency!
Slides
Ch2.3 Overview
Latency-Based Consensus
- create an upper bound on network latency and only process valid transactions which are received within that timespan (should provide enough time for all honest participants to receive and process any message under normal network conditions)
- only process transactions that are signed by all network participants (nodes)
Recommended Resources
99% fault tolerant consensus - A guide to 99% fault tolerant consensus by Vitalik Buterin.