Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
Fuserleer
on 10/01/2016, 21:12:20 UTC
Byzantine tolerance can not exceed 50% of failures.

Isn't it 33%?

You can achieve 50% in some circumstances by making sacrifices in the system.

If you have the inclination, I suspect readers would appreciate a layman's example.

Just punch "byzantine 2f+1" into Google

Plenty of papers on the subject, some sacrifice asynchronous comms, others adopt semi-trusted authorities etc etc

I didn't say it was pretty, or that it could be used here, but 2f+1 (or 50% near as damn it) is the best you can do.