Lecture 11: Achieving Consensus

Lecture 11: Achieving Consensus

Achieving Consensus - On-chain consensus mechanisms - Other kinds of consensus: rules, history, value - BIPs (Bitcoin Improvement Proposals), EIPs, etc

Fundamentals: Blockchain Fundamentals

What Is Value

The Consensus Slide

What Is A Valid Block

Has No One Person In Charge

Temporary Forks And Chain Splits

History And Hard Forks

The Current Block Chain

Smaller Bitcoin Forks

The Philosophy Of Bitcoin Cash

Cash And Bitcoin

The Big Blockers Vs. Small Blockers

Block Size Arguments

Block Size Limits

The Rumor Goes On

Value Vs. Value

Forks And Consensus

Pbft And Fault Tolerance