Excellent explainer: how consensus algorithms (including Bitcoin/blockchain) work


Originally published at: https://boingboing.net/2018/02/15/federated-byzantine-agreement.html


Nope, I’m lost. This stuff didn’t even exist when I was in college, so I need something that starts from “this is a modulo operator.”


This is not anything like beginner friendly. This is for people who basically understand blockchains already and want to know about consensus algorithms that support them. It doesn’t quite deserve it’s billing as friendly for non-coders.


I learned that shit in college and I need a refresher on what the fuck it is by now.


The real BitCoin FAQ

Q: Is this legit?
A: Nope, it’s a total scam.
Q: Can I have my money back?
A: Fuck no.



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