Byzantine Generals’ Problem
The Byzantine Generals’ Problem is a challenge in achieving agreement among a group when they can't fully trust each other or their communication. It illustrates the difficulty of getting everyone to agree on a plan when some members might be unreliable or dishonest.
More terms under B
- Buy the F***in Dip (BTFD)BTFD is a phrase used by cryptocurrency fans to encourage others to buy an asset when its price drops, believing it will go up again in the future.
- Buy/Sell TaxA buy/sell tax is a fee taken from the amount of cryptocurrency you buy or sell, where a portion of that amount is sent to a specific address.
- Byron PhaseThe Byron Phase is the initial stage of Cardano, launched in September 2017, where the basic features of the platform were introduced.
- Byzantine FaultA Byzantine fault happens when a part of a computer system fails, but the system can't tell which part is at fault. As a result, it keeps trying to follow the…
- Byzantine Fault Tolerance (BFT)Byzantine Fault Tolerance (BFT) is a system's ability to agree on decisions even if some parts fail or act incorrectly.
- Byzantium ForkThe Byzantium fork was an upgrade to Ethereum that aimed to improve the performance and security of its smart contracts, making them better for business use…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.