Crypto Events
By James Thorp
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Stellar expressed: Mark your calendars for Meridian 2021, Nov 17 & 18!
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Meridian 2021 will work as a forum where experts in finance, policy, and technology from within and beyond the Stellar Ecosystem will be sharing what they’re building and their…
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These developers and companies connect on Stellar to work effectively and collectively to have a global impact, thus bringing the world closer to true financial inclusion.
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Stellar are continuing to strive to help global businesses realize the strengths of Stellar and to build products and services on the top of the network to achieve financial…
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For those who are interested in understanding the Stellar Consensus Protocol:
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The Mathematics behind the Stellar Consensus Protocol. The Stellar consensus model is known as Federated Byzantine Agreement System (FBAS).
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A quorum refers to the minimum number of members who have a deliberative assembly, which is a body that uses parliamentary procedure like the legislature in order to conduct the…
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In the blockchain, Quorum refers to sets of people who can ratify statements in the network. Quorum slice refers to subsets of quorum.
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Consensus between participating people means two contradictory statements cannot be ratified.
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In an FBAS they have abstract nodes instead of people; however, the principles are the same.
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The mathematical structure of the FBAS is very rich. Thus, networks which consist of very few nodes will be highly complex.
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An important question related to FBAS is whether it is decentralized. Centrality measures are used to assess the degree of decentralization of nodes.
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