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Author Topic: The Fastest, Smallest Distributed Ledgers  (Read 473 times)
MediChain
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November 13, 2017, 01:21:31 PM
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What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?
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November 13, 2017, 02:34:03 PM
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What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

There is a DAG technology (Directed Acyclic Graph), used, for example, in the IOTA crypto currency. It is based on graphs, there is no blockchain in the usual sense, but it allows you to store information in a distributed and rather compact way.
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November 13, 2017, 02:35:51 PM
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What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

Proper answer is: It depends. If you have only a couple of nodes and they can be trusted, a system like Paxos or other 'classical' Byzantine Consensus algorithms are probably a lot faster.

But if you have a lot of nodes, or a large group of nodes might be untrustworthy, these will not perform as well.


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micheal wang
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November 15, 2017, 11:33:33 AM
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All that competitive and there is no guarantee of profit. It all depends on each individual to make an evaluation of the costs and risks that will arise.  Wink

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November 28, 2017, 11:44:38 AM
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What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

There is a DAG technology (Directed Acyclic Graph), used, for example, in the IOTA crypto currency. It is based on graphs, there is no blockchain in the usual sense, but it allows you to store information in a distributed and rather compact way.

Thanks. DAG looks interesting - how parallel is it? Huh
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November 28, 2017, 11:55:59 AM
 #6

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What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

Proper answer is: It depends. If you have only a couple of nodes and they can be trusted, a system like Paxos or other 'classical' Byzantine Consensus algorithms are probably a lot faster.

But if you have a lot of nodes, or a large group of nodes might be untrustworthy, these will not perform as well.


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:-| hard for me to interpret html/bbcode inside armored pgp/gpg block ... I could not check the signature ...

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