April 2020
Intermediate to advanced
244 pages
7h 20m
English
Content preview from Securing Blockchain Networks like Ethereum and Hyperledger Fabric
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Establishing trust through consensus algorithms
As we mentioned in the previous paragraph, one of the main challenges we face in blockchain is to reach an agreement with all the counterparties regarding the validity of the transactions made, without having to resort to a central authority.
The blockchain adopts a collective coordination system, known as distributed consensus, which does not require centralized coordination.
This solution is inspired by the various examples that exist in nature regarding the collective coordination of independent individual behaviors, such as swarm intelligence, in order to reach a common goal (in the case of the blockchain, consent for the transactions being carried out).
On account of this, a collective ...
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