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by semi-extrinsic
3573 days ago
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> The problem that Bitcoin solves and private blockchains do not is called the Byzantine generals problem which did not have a known solution until Bitcoin came along. I'm not an expert in any way, but the Wikipedia page for Byzantine Fault Tolerance suggests a solution to this problem was known as early as 2001, used in the Boeing 777 avionics software. See abstract of the paper below. That significantly predates Bitcoin. Or am I misunderstanding something? http://ieeexplore.ieee.org/document/963311/?arnumber=963311 |
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