Ripple Fast Consensus Solution RPCA

The Ripple Voting Mechanism In September 2014, Ripple has released a white paper which described their method to achieve fast consensus in a peer network without expensive (and slow) proof of work. This is not entirely new and here is an older video about their system where transactions take only 5 seconds. In the white paper they …

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Could Bitcoin Transactions Be 100x Faster?

The Problem One of the most serious issues in current bitcoin is the speed: how quickly transactions are approved and can be spent. In a recent video interview for the Financial Times, Dr. Courtois of UCL has said: “It’s not true that bitcoin is The Internet of Money. Bitcoin is The Horse Carriage of Money”. …

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