Mohammad M. Jalalzai, Costas Busch
There is surge of interest to the blockchain technology not only in the scientific community but in the business community as well. Proof of Work (PoW) and Byzantine Fault Tolerant (BFT) are the two main classes of consensus protocols that are used in the blockchain consensus layer. PoW is highly scalable but very slow with about 7 (transactions/second) performance. BFT based protocols are highly efficient but their scalability are limited to only tens of nodes. One of the main reasons for the B...
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