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foundation of Bitcoin & Blockchain Technology - Coggle Diagram
foundation of
Bitcoin & Blockchain Technology
Distributed Systems & Consensus
concept: trust without trust
architecture: distributed system
what is the definition of distributed consensus?
CAP theorem
only two of three characteristics can be delivered in distributed system?
Consistency, Availability, Partition tolerence
Byzantine Generals Problem
alternative consensus methods
proof of stake
voting-based consensus algorithms
federated consensus
Crytoeconomics & Proof-of-Stake
securing incentives?
cryptography + economics
liveness
safety
data availability
griefing factors and faults
Enterprise Blockchain
JP Morgan's Quorum
Ripple
Tendermint
Hyperledger
increasing regulations surround blockchain
industry use cases
ICOs
Scalability
scaling blockchain as a cryptocurrencies for the masses
obstacle to widespread due to scalability
vertical or horizontal
layer 1, 2 scaling
increased block size
segregated witness
payment channels
lightning network
sidechains
plasma
sharding
Anonymity
privacy
alcoins & mixing techniques
Gov measures
deanonymization
anti-money laundering AML
know your customer KYC
a blockchain powered feature
venture capitalism
crowdfunding
ICOs