Hacker News new | ask | show | jobs
by 1in21m 2564 days ago
Moreover, BFT algorithms do not solve BGP in a decentralized, trustless network, consensus remains subjective. Bitcoin relies on proof-of-work to provide objective consensus.

Whitepaper: "We did not consider proof-of-work based protocols due to their poor performance and high energy (and environmental) costs"

Right...