Examples of using Distributed consensus in English and their translations into Vietnamese
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PoS and PoW are ways to verify transactions andachieving distributed consensus.
He decided to build another distributed consensus based Cryptocurrency just like Ripple.
Storing data in the blockchain isn't fast, as it requires a distributed consensus.
Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain.
The system does not require a central authority,its state is maintained through distributed consensus.
Transactions are verified by distributed consensus, and then immutably recorded on the block chain.
Loi Iuu is a researcher working on cryptocurrencies,smart contract security and distributed consensus algorithms.
Proof of burn is a method for distributed consensus and an alternative to Proof of Work and Proof of Stake.
If and when that algorithm is rolled out,proof-of-stake could be a means for achieving distributed consensus that uses fewer resources.
The first distributed consensus mechanism is Proof-of-Work(POW), pioneered by Sataoshi Nakamoto when he created Bitcoin in late 2018.
The subjects discussed within his latest papers include Turing completeness for the bitcoin protocol,and other mathematical distributed consensus critiques.
Although POW is super effective in generating distributed consensus and securing a decentralized network, the process is energy intensive and environmentally unfriendly.
Initially, Bitcoin was considered to be the first ever fully-functional DAO, as it has a pre-programmed set of rules,functions autonomously and is coordinated through a distributed consensus protocol.
With cryptocurrencies like bitcoin andethereum we now have empirical evidence that distributed consensus is now possible on a really large scale on the internet.
Like any distributed consensus protocol, a set of computers run XRP LCP in an effort to determine which transactions that have been sent over the network are valid and, as such, agree on the history of the ledger.
DARPA, the research arm of the U.S. Department of Defense,is investigating technologies for distributed consensus during a workshop scheduled for Feb. 14 and 15, 2019, in Arlington, VA.
The network uses distributed consensus to verify and confirm transactions, andconsensus is reached via a large global network of high-performance computers(called miners) running the bitcoin software.
DARPA, the research arm of the U.S. Department of Defense,is looking to to investigate technologies for distributed consensus during a workshop“tentatively scheduled for February 14 and 15, 2019, in Arlington, VA.”.
The network uses distributed consensus to verify and confirm transactions, and consensus is reached via a large global network of high-performance computers(called miners) running the bitcoin software.
Responses for this category are“novel analyses,methods to analyze and/or address the centralization of a distributed consensus protocol,” but also“unintended centralities and/or associated mitigations.”.
Scheduled for Feb. 28, 2019, the test will allow the companies to evaluate the the feasibility of VPPs that promote a low-carbon society without fuels orcarbon emissions based on peer-to-peer(P2P) distributed consensus network.
Using Proof-of-Stake(PoS) and masternodes to reach distributed consensus, the platform aims to achieve 200,000 transactions per second(TPS), making it faster than many of the incumbent blockchains.
We will examine bitcoin from a high level by tracking a single transaction through the bitcoin system and watch as it becomes“trusted” andaccepted by the bitcoin mechanism of distributed consensus and is finally recorded on the block- chain, the distributed ledger of all transactions.
On Nov. 19, 2019,DARPA issued a request for information on distributed consensus protocols to see how this technology might improve security, storage and computing in the Defense Department.
In this chapter, we will examine Ravencoin from a high level by tracking a single transaction through the Ravencoin system and watch as it becomes"trusted" andaccepted by the Ravencoin mechanism of distributed consensus and is finally recorded on the blockchain, the distributed ledger of all transactions.
LocalCoin does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.
But all distributed ledgers do not have to necessarily employ a chain of blocks to successfully provide secure andvalid achievement of distributed consensus, a Blockchain is only one type of data structure considered to be a distributed ledger.
As the filing outlines, blockchain“accomplishes[the]feat” of“enabling a distributed consensus of trust where all transactions can be verified in the future by participants of the blockchain exchange without compromising privacy.”.
In March 2018 Mingo announced their partnership with Swirlds,creators of the Hedera Hashgraph public distributed consensus platform, to help Mingo build the fastest messaging aggregation, cryptocurrency transfer, and plugin platform.
With the use of an immutable log as the source of truth,Aurora avoids distributed consensus for membership changes by leveraging some“oases of consistency” with the use of epochs as guards as a form of write quorum and avoiding doing quorum reads altogether.