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Blockchains and consensus protocols
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更新于2023-05-23
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Blockchain enables new trust models ‣ Many interesting technologies – Distributed computing for consensus – Cryptography for integrity, privacy, anonymity
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Blockchains and consensus
protocols
Christian Cachin
(with many others at IBM: Elli Androulaki, Angelo De Caro, Andreas Kind, Mike
Osborne, Simon Schubert, Alessandro Sorniotti, Marko Vukolic ...)
IBM Research – Zurich
September 2017
2
Connected markets
‣
Networks connect participants
– Customers, suppliers, banks, consumers
‣ Markets organize trades
–
Public and private markets
‣
Wealth generated by flow of assets
and services among participants
–
Physical (house, car ...) and
virtual assets (bond, patent ...)
– Services
‣ Transactions exchange assets
3
Ledger
‣
Ledger records all business activity as
transactions
–
Databases
‣ Every market and network defines a
ledger
‣
Ledger records asset transfers between
participants
‣ Problem — (Too) many ledgers
–
Every market has its ledger
–
Every organization has its own ledger
4
Multiple ledgers
‣
Every party keeps its own
ledger and state
‣ Problems, incidents, faults
‣
Diverging ledgers
Ledger
C
Ledger
B
Ledger
E
Ledger
F
Ledger
A
Alice
Bob
Charlie
Frank
Eve
Ledger
D
Dave
5
Blockchain provides one virtual ledger
‣
One common trusted ledger
‣ Today often implemented by a
centralized intermediary
‣
Blockchain creates one single
ledger for all parties
‣ Replicated and produced
collaboratively
‣
Trust in ledger from
–
Cryptographic protection
– Distributed validation
Alice Charlie
Frank Dave
One
Ledger
Bob
Eve
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