Entries by Prerana Kulkarni

Blockchain: Byzantine Fault Tolerant

What is Byzantine Generals’ Problem? A Byzantine fault or Byzantine General’s Problem is a condition typically seen in a (specifically distributed ) computer system, where one or more components fail and exhibit inconsistent behavior by sending conflicting information to the different parts of the system. A Byzantine generals’ problem also abstractly describes coping mechanisms for…

Blockchain: Fad or Future?

“Bitcoin is a bubble which is about to burst.” “It’s not a real currency.” “Cryptocurrencies are going to be wiped out soon,” “They can never be part of mainstream establishments.” These types of statements are heard or read occasionally, especially when Cryptocurrencies start diving, reaching their lows. “Bitcoin is Digital Gold” “Bitcoin is going to…