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by wslh 2748 days ago
From [1]: "Stellar takes an alternative approach to using Byzantine consensus in a cryptocurrency, where each user can trust quorums of other users, forming a trust hierarchy. Consistency is ensured as long as all transactions share at least one transitively trusted quorum of users, and sufficiently many of these users are honest. Algorand avoids this assumption, which means that users do not have to make complex trust decisions when configuring their client software".

Many questions remain unanswered according to [2].

[1] Algorand: Scaling Byzantine Agreements for Cryptocurrencies.

[2] https://arxiv.org/pdf/1707.01873