Byzantine Agreement in Blockchain Sample Clauses

Byzantine Agreement in Blockchain. The blockchain systems allow many mutually untrusted users to maintain a distributed ledger with consensus. How- ever, the long confirmation latency prevents the existing blockchain systems from many daily applications. For exam- ple, the confirmation latency of Ethereum is about 5 to 10 minutes. It is unrealistic to wait such a long time for micro- payment systems. Recently, some proposals try to overcome the long latency, but it is challenging to decide who has the right to issue the blocks and to guarantee that every user shares the same ledger. Xxxx and Xxxxxx [3] proposed a novel blockchain system, Algorand, that solves the consensus problem by XX. Pass and Shi [4] also proposed a blockchain system, Hybrid consensus, that reduces the latency by BA. The performance and the security of such blockchain systems highly depend on the underlying Byzantine agreements, so it is imperative to design a secure and efficient Byzantine agreement protocol under the reasonable assumptions for the Internet nowadays.
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