Author

Topic: The Fastest, Smallest Distributed Ledgers (Read 505 times)

sr. member
Activity: 322
Merit: 253
Property1of1OU
November 28, 2017, 06:55:59 AM
#6
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1



What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

Proper answer is: It depends. If you have only a couple of nodes and they can be trusted, a system like Paxos or other 'classical' Byzantine Consensus algorithms are probably a lot faster.

But if you have a lot of nodes, or a large group of nodes might be untrustworthy, these will not perform as well.


-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1
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=g6ZJ
-----END PGP SIGNATURE-----


-----BEGIN PGP

:-| hard for me to interpret html/bbcode inside armored pgp/gpg block ... I could not check the signature ...
newbie
Activity: 84
Merit: 0
November 28, 2017, 06:44:38 AM
#5
What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

There is a DAG technology (Directed Acyclic Graph), used, for example, in the IOTA crypto currency. It is based on graphs, there is no blockchain in the usual sense, but it allows you to store information in a distributed and rather compact way.

Thanks. DAG looks interesting - how parallel is it? Huh
jr. member
Activity: 212
Merit: 3
November 15, 2017, 06:33:33 AM
#4
All that competitive and there is no guarantee of profit. It all depends on each individual to make an evaluation of the costs and risks that will arise.  Wink
newbie
Activity: 14
Merit: 0
November 13, 2017, 09:35:51 AM
#3
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1



What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

Proper answer is: It depends. If you have only a couple of nodes and they can be trusted, a system like Paxos or other 'classical' Byzantine Consensus algorithms are probably a lot faster.

But if you have a lot of nodes, or a large group of nodes might be untrustworthy, these will not perform as well.


-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1
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=g6ZJ
-----END PGP SIGNATURE-----
copper member
Activity: 36
Merit: 11
November 13, 2017, 09:34:03 AM
#2
What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

There is a DAG technology (Directed Acyclic Graph), used, for example, in the IOTA crypto currency. It is based on graphs, there is no blockchain in the usual sense, but it allows you to store information in a distributed and rather compact way.
newbie
Activity: 84
Merit: 0
November 13, 2017, 08:21:31 AM
#1
What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?
Jump to: