Permissioned Blockchains
topic on 1 show · 2 statements across 1 episodes
2 statements about Permissioned Blockchains, every show
Narula: Permissioned blockchains are more decentralized than ICO projects
“I put permission blockchains as being more decentralized than these so-called ICOs we're seeing, or initial coin offerings. Because quite frankly, if you can do an initial coin offering, if you can raise money, that means that there's an organization behind wh…”
Narula: Permissioned blockchains revive 1999 MIT Byzantine Fault Tolerance algorithm
“In 1999, 10 years before Bitcoin, an algorithm called Practical Byzantine Fault Tolerant Consensus was formulated at MIT by Barbara Liskoff and her student Miguel Castro, and interestingly enough, though industry didn't really take this algorithm and do anythi…”