January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Ripple consensus algorithm
The Ripple Protocol consensus algorithm (RPCA) is a process performed every few seconds by the nodes in the network to reach a consensus in the network. The ledger will remain in the closed state after the network nodes successfully agree. The RPCA has a few mandatory steps to go through before a transaction is successfully added to the ledger:
- Each server collects all the known valid transactions that are not already part of the ledger and makes them public. These unconfirmed transactions are called the candidate list of transactions.
- Each server collects all the candidate lists from the UNL servers. Transactions that receive the required number of positive votes are selected for the next step.
- Finally, it is ...