Cryptocurrency Q&A
Does Bitcoin use BFT?
Does Bitcoin use BFT?
Claudio
Mon Nov 04 2024
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6 answers
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I've been hearing a lot about Bitcoin recently and I'm curious about its technical aspects. I want to know if Bitcoin uses Byzantine Fault Tolerance (BFT) in its consensus mechanism. Can someone clarify this for me?
6 answers
Stefano
Wed Nov 06 2024
BFT algorithms play a crucial role in numerous prominent cryptocurrency networks.
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Giulia
Tue Nov 05 2024
By doing so, they create a decentralized and secure system.
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VoyagerSoul
Tue Nov 05 2024
Algorithms like Proof of Work (PoW) and Proof of Stake (PoS) are widely utilized.
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Giulia
Tue Nov 05 2024
These algorithms help achieve consensus within the networks.
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HanRiverVisionary
Tue Nov 05 2024
They also validate transactions, ensuring their authenticity.
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