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The CAP Theorem and Blockchain Systems
CAP Theorem and its use with different types of distributed systems such as blockchain systems
CAP Theorem and its use with different types of distributed systems such as blockchain systems
Overview of how proof-of-work blockchain systems achieve byzantine fault tolerance
Exploration of the Byzantine Generals Problem and its role in building reliable distributed systems
Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age. How do Bitcoin and its blockchain actually work? How secure are your bitcoins? How anonymous are users of cryptocurrencies?...
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work....