Jethro's Braindump

Blockchain

Stellar

  • Payment-focused crypto-currency.
  • open-source, non-profit organization.

Consensus Protocols

Proof of Work (POW)

  • 1 CPU 1 vote.
  • susceptible to 51% attack

Proof of S(?)

  • 1 token 1 vote
  • Rich dominate the network

Delegated Proof of S

  • Like POS, but can borrow, in exchange for incentives

RCP

  • Ripple protocol
  • Permissions-based
  • Uses Byzantine Fault Tolerance (BFT)

TODO See 2 General Problem

Stellar

  • Fork of Ripple
  • PBFT
    • Tiered permissions

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