Ethereum Researcher Announces CBC Casper Draft Paper

Ethereum Researcher Announces CBC Casper Draft Paper

Ethereum Foundation researcher Vlad Zamfir took to Twitter on 4 November to announce the draft paper: Introducing the ‘Minimal CBC Casper’ Family of Consensus Protocol

The draft paper was made by Vlad Zamfir, Nate Rush, Aditya Asgaonkar, and Georgios Piliouras to give interested readers a clear-cut and basic understanding of the proof of asynchronous Byzantine-fault-tolerant safety CBC Casper.

Correct-by-Construction (CBC) Casper is a different protocol from the Friendly Finality Gadget Casper of Vitalik Buterin.

What is CBC Casper?

The paper opens with an overview of what CBC Casper is:

CBC Casper is a family of ‘correct-by-construction’ consensus protocols that share the same proof of asynchronous, Byzantine fault tolerant consensus safety. We describe this family of protocols by defining their protocol states and protocol state transitions, and then we provide a proof of Byzantine fault tolerant consensus safety for the entire Minimal CBC Casper family of protocols

The CBC Casper draft paper

It also mentioned that the material is meant to be introductory and educational.

The paper demonstrated that members of a family of consensus protocols has asynchronous, Byzantine-fault-tolerant consensus safety.

‘Furthermore, we’ve given examples of members of the family of increasing complexity to demonstrate the power and flexibility of our approach to correct-by-construction consensus protocol design.’

For a deeper understanding of CBC Casper, the detailed draft paper can be read from Github in full.

Related news

Twitter Spoof: BitConnect 2.0 to Return in July; BCC Token to Rise from the Crypto Graveyard?

Bitcoinnect is known for its high yield investment platform Bitconnect.co. The company had a cryptocurrency Bitconnect Coin (BCC) which investors bought with Bitcoin to gain a 0,25% daily interest. The company also has a lending platform and exchange which closed due to warnings from Texas and North Carolina authorities. Some unknown person is however working […]
Bitcoin Exchange Guide

Bitcoin [BTC]: Programmability is the key to surpass Bitcoin [BTC], says Vitalik Buterin

As the world grows familiar with the game-changing capabilities of cryptocurrency, the general public has been eager to learn about the differences that set each coin apart from its competitor. Ethereum Co-founder Vitalik Buterin reached out to crypto lovers to explain the conception and applications of the Ethereum coin and network. When talking about what Ethereum offered, Buterin said, “It offers all the things that Bitcoin [BTC] does, but it also offers this extra feature, which is the programmability.” The entrepreneur also mentioned that he got the idea for Ethereum while working for MasterCoin [MC], which was focused on the use-cases for financial derivatives. He said, “At first, we (Ethereum team) basically took the MasterCoin idea and attempted to generalize it more.” He also added that consequentially, it provided the tech ecosystem with an opportunity to “use blockchain for things that don’t have to do with currency itself such as key revocation”. Buterin also stated that the earliest version of Ethereum was to enable general purpose financial contracts. He added, “Instead of saying here are the 10 different things you can do, here is a programming language that allows you to do whatever you can write.” He further admitted that most of the current applications working on Ethereum network emerged from the community itself and were not his ideas. Additionally, Buterin also conceded that creating a cryptocurrency was not a part of his agenda, but was instead, an extension of the idea. The post Bitcoin [BTC]: Programmability is the key to surpass Bitcoin [BTC], says Vitalik Buterin appeared first on AMBCrypto.
AMBCrypto

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.