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Byzantine Fault

От CoinGecko | Актуализирано на Mar 03, 2020
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction. An example of a byzantine fault tolerant distributed computing system that accounts this is the Bitcoin blockchain which utilizes the Proof-of-Work system to achieve consensus on the blockchain.

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Свързани термини

Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
Transactions Per Second (TPS)
It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.
Web3 Wallet
Web3 Wallet is the software that allows you to interact with web 3.0.
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