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Probabilistic consensus was not known before bitcoin? Somehow I highly doubt it.
by pishpash 9y ago
Probabilistic consensus was not known before bitcoin? Somehow I highly doubt it.
- kolinko 9y agoOne that was resistant to sybil attacks? Bitcoin was the first system to do that as far as I know. Before bitcoin you would be unable to create a virtual currency without a central authority. Satoshi's algorithm was a new invention in 2009, although it's parts - like proof of Work - were invented in 1990s.
- darawk 9y agoProbabilistic, byzantine fault tolerant consensus was absolutely not known before Bitcoin.