Blockchain consensus algorithms explained

Two Amsterdam blockchain developers will explore several different blockchain consensus algorithms and compare their characteristics. This will include a case study of Bitcoin, NXT, Ethereum, EOS, Ripple, and Komodo.

When

Tuesday, October 15, 2019 18:30

Where

Primalbase, Van Diemenstraat 20-200, Amsterdam

Join event

Event Timetable

  1. 18:30

    Networking with drinks and snacks

  2. 18:45

    Presentation by Jack Tanner

  3. 20:00

    Presentation by Bart van Maarseveen

  4. 20:30

    Networking with drinks

  5. 21:45

    End

Look who's speaking

  • Bart van Maarseveen

    Bart van Maarseveen

    Blockchain Consultant, Bart van Maarseveen

  • Jack Tanner

    Jack Tanner

    CTO, Work on Blockchain

About the event

To kick off the evening, speaker Jack Tanner will dive into blockchain consensus. He'll explain how several mainstream blockchains come to a distributed consensus, and the characteristics of each of these methods. His talk will cover:

  • Proof of Work - Bitcoin case study
  • Proof of Stake - NXT and Ethereum case study
  • Delegated Proof of Stake - EOS case study
  • Proof of Authority - Ripple case study. He might talk about LPOS (Tezos), POI (NEM), or DAGs (IOTA) if there's time.
  • Block commitment rounds - Bitcoin, EOS, Cosmos case study

After Tanner's talk, Bart van Maarseveen will discuss the Komodo consensus algorithm, called Delayed Proof of Work. This is an innovative interchain mechanism which continuously secures blockchains into Komodo and Bitcoin, and secures smaller and independent blockchains by recycling Bitcoin’s hash rate.

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