Chapter
Evolution of Consensus Algorithm in Cryptography
1:10:26 - 1:15:41 (05:14)
The evolution of consensus algorithm in cryptography requires different cryptographers and the biggest leap was from classic to Prowse, as it moved from a system that only worked in a consortium chain like Fabric to a specialized system with different actors. There are several hard problems to be solved along this chain of papers, ideas and the evolution of the consensus algorithm.
Clips
The hosts discuss the importance of proving a straw man case or demonstrating an impossibility result in blockchain design to avoid pursuing an inquiry that may not work in real life situations.
1:10:26 - 1:12:16 (01:49)
Summary
The hosts discuss the importance of proving a straw man case or demonstrating an impossibility result in blockchain design to avoid pursuing an inquiry that may not work in real life situations.
ChapterEvolution of Consensus Algorithm in Cryptography
Episode#192 – Charles Hoskinson: Cardano
PodcastLex Fridman Podcast
The evolution of consensus algorithms from GKL to Oropore's classic to Prowse is a complex transition that requires different types of cryptographers due to the shift from mathematician-style cryptography to practical applied work.
1:12:16 - 1:14:01 (01:45)
Summary
The evolution of consensus algorithms from GKL to Oropore's classic to Prowse is a complex transition that requires different types of cryptographers due to the shift from mathematician-style cryptography to practical applied work.
ChapterEvolution of Consensus Algorithm in Cryptography
Episode#192 – Charles Hoskinson: Cardano
PodcastLex Fridman Podcast
The introduction of the stake pool in blockchain technology introduces specialization into the system, making it more complicated and increasing the game theory.
1:14:01 - 1:15:41 (01:39)
Summary
The introduction of the stake pool in blockchain technology introduces specialization into the system, making it more complicated and increasing the game theory. However, it also allows for actors that are more dedicated, improving the overall system.