I'm exploring the consensus mechanisms in blockchain technology and I'm particularly interested in Proof of Stake. I want to know if it falls under the category of Byzantine Fault Tolerance (BFT) algorithms.
5 answers
TaegeukChampionCourage
Wed Nov 06 2024
A common characteristic of all these variants is their byzantine fault tolerance.
GangnamGlamour
Wed Nov 06 2024
This means they are designed to continue operating correctly and reach consensus even if some nodes fail or behave maliciously.
JejuJoyfulHeart
Wed Nov 06 2024
The proof-of-stake consensus mechanism encompasses various forms.
Dario
Wed Nov 06 2024
Other consensus mechanisms that also offer BFT include Proof-of-authority (PoA) and Proof-of-identity (PoI).
Margherita
Wed Nov 06 2024
Among them, the nominated proof-of-stake (NPoS) and Delegated proof-of-stake (DPoS) are prominent examples.