Quick Overview of Consensus Models

Oded Noam
1 min readJan 3, 2018

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A lot of technologists seem to think that the big divide is between proof-of-work and proof-of-stake. And then they encounter creatures like Ripple, BitShares or AlgoRand and get confused. But the PoS/PoW only applies to eventual/asynchronous/non-finite (slow) consensus models, and other methods are in use for synchronous/finite (fast) models; in fact PoS is used as the basis for voting in quite a few fast consensus models, making it all more confusing.

To try to make sense of it all, we had a short presentation about consensus models in Kik TLV office.

The slides:

complete video:

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Oded Noam

Software hacker, systems architect, entrepreneur, economist. Blockchain architecture and economy expert.