BlogHide Resteemspandoraboxchain (43)in cryptocurrency • 6 years agosteemCreated with Sketch.Consensus in simple words or "does decentralization play dice?"What is the consensus protocol? Suppose we have a distributed system, consisting of independent actors (i.e. "decentralized"). Consensus protocol is used to get an answer to the core question: "How…pandoraboxchain (43)in blockchain • 7 years agoChoose your SkynetThere will be Skynet. You can choose now what type of Skynet you will have in the future. This will decide the fate of both A.I.s and humanity. I will keep the story very simple and walk you through…pandoraboxchain (43)in artificial-intelligence • 7 years agoMaking AI censorship-resistantA decentralized network with resistance to censorship is essential, if we are ever to see a general A.I. evolving to near- or post-human intelligence. There are two reasons for that. Firstly, we…pandoraboxchain (43)in blockchain • 7 years agosteemCreated with Sketch.Defining Criteria for Consensus AlgorithmsIn search for better alternatives to PoW and PoS Image credit: mining.com Since the early days after the introduction of proof of work (PoW) in Satoshi Nakamoto white paper, there were many…pandoraboxchain (43)in bitcoin • 7 years agosteemCreated with Sketch.Censorship-resistance and public blockchainsThe main values of public blockchains are: their ability to resist censorship and their ability to operate in trustless environments. In fact, both are forms of Byzantine fault tolerance, a keystone…pandoraboxchain (43)in blockchain • 7 years agosteemCreated with Sketch.Introducing PROMETHEUS: a highly-scalable two-tier hybrid consensusPROMETHEUS is a next-generation consensus protocol for public blockchains that utilizes two-tier hybrid consensus model allowing highly-scalable distributed censorship-resistant computing.…pandoraboxchain (43)in blockchain • 7 years agosteemCreated with Sketch.Towards common blockchain architecture — an “ISO OSI for blockchain” primerRecent blossom of different blockchain projects creates a need for a proper blockchain architecture abstraction — some sort of a standard which can help developers and industry experts to easily…pandoraboxchain (43)in cryptocurrency • 8 years agosteemCreated with Sketch.World decentralized AI on blockchain with cognitive mining and open markets for data and algorithms – Pandora BoxchainSummary The industry of artificial intelligence (machine learning, ML) and big data is at the very core of the 4th Industrial revolution. Today, there exist no decentralized or even centralized…