Introduction to Consensus (Part II)
Part II of an introduction to the basics of consensus, the protocol to coordinate and maintain a decentralized blockchain. Andrew Lewis-Pye (London School of Economics) reviews the basics of consensus from Part I, and introduces state machine replication (SMR) — the problem that blockchain protocols are designed to solve — and demonstrates how to reduce Byzantine agreement to SMR in a partially synchronous setting. Andy and also evaluates the widely used Tendermint protocol.
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