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Lecture
Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
This lecture covers permissionless consensus and multi-valued history consensus in Bitcoin and distributed ledger technology, explaining the concepts of information-based money, ledger, transactions, and public keys. The instructor, Bryan Ford, discusses the challenges and mechanisms of permissioned consensus, including Multi-Paxos, Raft, and PBFT. The lecture also delves into the concept of asynchronous pacing and consensus, introducing the Threshold Logical Clock (TLC) and 'Que Sera Consensus' (QSC) as alternative consensus mechanisms.