Byzantine generals! How the blockchain solves the distributed consensus problem
The major contribution of the Blockchain technology, is providing a solution to the problem of consensus in distributed systems. But not every distributed consensus platform is a blockchain! I will introduce the problem of consensus, its various forms, the concept of proof of work and alternative mechanisms like proof of stake. There will be also a live game where participants will play the miners and have fun validating transactions!
Level: Non technical / For everyone
CTO - Spidchain
A PhD in Bioinformatics and former researcher at the universities of Berlin and Basel, Federico is now co-founder and CTO of SpidChain. There he is working at the development of a distributed, blockchain based identity system. He is an expert of development for the blockchains of Bitcoin and Ethereum.