Byzantine fault tolerance
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 26, 2017 by Steve Kirsch · across every show →
Everything said about Byzantine fault tolerance, oldest first
Aug 26, 2017 bearish
Kirsch: Blockchain consensus is inappropriate for low-latency financial systems
“There's no real need for that in a lot of financial applications and for something that needs to perform really quickly meaning super low latency and very high throughput. The technology for blockchain is just not appropriate because you just don't have the ti…”