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No multi GB blockchain and capable of supporting more than a pitiful 650 transactions a minute. Basically works by randomly electing verifiers and assuming that
by stevejones 11y ago
No multi GB blockchain and capable of supporting more than a pitiful 650 transactions a minute. Basically works by randomly electing verifiers and assuming that the majority elected are going to be honest enough.
- HelloThereHuman 11y agoRisky business, literally.
- imglorp 11y agoSo how is that supposed to work? If some percent of the nodes are malicious, that means sometimes an election will include a majority of them and they will create a false transaction. This means only some transactions are trustworthy, not all.