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What is BlockfinBFT Consensus?
Overview of Distributed Consensus
It's a common belief that public blockchains cannot be secure, scalable and decentralized - they suffer from the scalability trilemma.
Fault tolerance is a mechanism whereby 2/3 consensus is reached on a decision about a proposal or change to the underlying code or network, even though some miners on the network may not be in agreement.
What is BlockFinBFT Consensus?
The team at STORE has invented a leaderless, asynchronous, Byzantine Fault-Tolerant (BFT) consensus algorithm called BlockfinBFT that solves this trilemma.
BlockfinBFT validates blocks in a parallel pipelined process via a two-tier network of STORE Miners and Cloud Miners, each with specific roles to assemble and validate blocks using a cryptographically-secure process.