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South Korea's Largest Public Blockchain Project Launches New Consensus Algorithm
Summary: ICON (ICX), South Korea’s largest public blockchain project, has launched a new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm. According to an announcement on Wednesday, the new algorithm will improve scalability and network bandwidth over the popular Practical Byzantine Fault Tolerance (PBFT) consensus types, without undermining security. By Roland James
ICON (ICX), South Korea’s largest public blockchain project, has launched a new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm.
According to an announcement on Wednesday, the new algorithm will improve scalability and network bandwidth over the popular Practical Byzantine Fault Tolerance (PBFT) consensus types, without undermining security.
By Roland James
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Tags: algorithm,Blockchain,Icon,Loop Fault Tolerance 2.0,South Korea
Link: South Korea's Largest Public Blockchain Project Launches New Consensus Algorithm [Copy]
Tags: algorithm,Blockchain,Icon,Loop Fault Tolerance 2.0,South Korea
Link: South Korea's Largest Public Blockchain Project Launches New Consensus Algorithm [Copy]