Sentences with phrase «at the consensus layer»

«There is a risk that security could fail, could be exploited at the consensus layer, but in practice that has very rarely happened,» Wilcox said.

But fixing losses at the consensus layer is highly controversial in the Ethereum community.

Not exact matches

In an email to Bitcoin Magazine, Martin Holst Swende, security lead at Ethereum Foundation — the nonprofit that oversees the development of Ethereum — explained that the recent Geth patch contains several modifications to the peer - to - peer layer and does not affect consensus - critical code.

We reuse all of the good ideas from Bitcoin and then we add this layer of encryption so that the payment of Zcash from one user to the next is included in the global replicated ledger for integrity (the recipient of the money can be sure that the payment has happened) and it's part of the global consensus but it's encrypted so no one else can learn of your behaviour by looking at the ledger except for authorised parties who you have given the decryption key to.

Qtum's core technology combines a fork of Bitcoin core, an Account Abstraction Layer allowing for multiple Virtual Machines including the Ethereum Virtual Machine (EVM) and Proof - of - Stake consensus aimed at tackling industry use cases.

At its core, Qtum combines the advantages of Bitcoin Core, an Account Abstraction Layer allowing for multiple virtual machines, including the Ethereum Virtual Machine, and a proof - of - stake consensus protocol aimed at tackling industry use caseAt its core, Qtum combines the advantages of Bitcoin Core, an Account Abstraction Layer allowing for multiple virtual machines, including the Ethereum Virtual Machine, and a proof - of - stake consensus protocol aimed at tackling industry use caseat tackling industry use cases.