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What is Byzantine Fault Tolerance (Byzantine Fault Tolerant Algorithm)

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Byzantine Fault Tolerance (BFT, BlockchainMerge) is a protocol developed by the

What is Byzantine Fault Tolerance (Byzantine Fault Tolerant Algorithm)

Byzantine Fault Tolerance (BFT, BlockchainMerge) is a protocol developed by the British computer security company McAfee, based on cryptocurrency. This protocol allows for Byzantine attacks, which are popular in blockchain. For example, when a block is not included in a single transaction, it can result in a failed Bitcoin transaction. Additionally, if a miner sends their Bitcoins to another block, it will produce two different outcomes. Similarly, when a miner broadcasts a new transaction to another network, it creates the same situation.

Byzantine Fault Tolerant Algorithm

According to recent research papers, the Byzantine Fault Tolerant algorithm (BFT) may cause node operators to lose their computational power during attacks. This theory was originally proposed by David Hirsch, a cryptographer and economist, and it has received support on Bitcoinist.org. An article titled “The Merge” explains how to combine blockchain with consensus to avoid “double spending”. However, this technology has been proven to be an incorrect way of implementing secure protocol updates and can fundamentally eliminate the control problem of the Byzantine generals.

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