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How does Paxos compare to the Bitcoin protocol? I've seen claims that Bitcoin is the first practical solution to the Byzantine Generals Problem (e.g. from Marc
by kens 13y ago
How does Paxos compare to the Bitcoin protocol? I've seen claims that Bitcoin is the first practical solution to the Byzantine Generals Problem (e.g. from Marc Andreessen recently), but it seems like Paxos is a better solution. (Handles network partition, avoids arbitrary rollback, finite time to reach consensus.)
Does anyone have a semi-rigorous explanation of what Bitcoin actually accomplishes with BGP?
- deleted 13y ago[deleted]
- ryanobjc 13y agoAt first I was annoyed by this comment, but then I realized, I was taken by a very clever joke! Hats off to you sir!
- alexnewman 13y agoIndeed, I went through all of the stages of grief in about 12 seconds, and then laughed
- velis_vel 13y agoWhat's the joke?
- mindslight 13y agoBitcoin defends against Sybil attacks by making 'hashing power' the metric for vote weight.