Speaking more broadly, requiring miners to take on a potential cost is an important element in
consensus algorithm architecture, as it must be made costly for a potential bad actor to launch attacks on the network.
Not exact matches
Allen mentioned that the working group has been discussing how to create the best
architecture for allowing users to choose from a variety of
consensus algorithms.
He looked at various advancing but different blockchain
architectures such as Hyperledger and IOTA but initially only needed the underlying
consensus algorithms that were commercially viable and ready to deploy to enterprise customers.