Events  Deals  Jobs  SF Climate Week 2024 
    Sign in  
 
 
With Steve Ellis (SmartContract).
Wed, Dec 02, 2015 @ 07:00 PM   FREE   Dechert, 1095 Ave of the Americas
 
   
 
 
              

    
 
Sign up for our awesome New York
Tech Events weekly email newsletter.
   
LOCATION
EVENT DETAILS

For our next Whitepaper Wednesday, Steve Ellis of SmartContract has kindly offered to lead a discussion about the RAFT consensus protocol.

The reading material for this meetup is the original RAFT paper. There are a number of other good descriptions of RAFT out there though if you want to seek out further or alternative reading, and more than 40 implementations. (!!!)


What does this have to do with Bitcoin? Inasmuch as Bitcoin achieves consensus and Byzantine Fault Tolerance through its Proof-of-Work algorithm, there are very few other options, each using different sets of security assumptions (the others are PBFT and PAXOS). Those of you interested in Permissioned Distributed Ledgers may be interested in these alternatives for maintaining consensus about such a distributed database.

Please read the paper and come participate in a lively discussion! Food and beer will be provided by SolidX.


Title: In Search of an Understandable Consensus Algorithm

Authors: Diego Ongaro and John Ousterhout, Stanford University


Abstract: Raft is a consensus algorithm for managing a replicated log. It produces a result equivalent to (multi-)Paxos, and it is as efficient as Paxos, but its structure is different from Paxos; this makes Raft more understandable than Paxos and also provides a better foundation for building practical systems. In order to enhance understandability, Raft separates the key elements of consensus, such as leader election, log replication, and safety, and it enforces a stronger degree of coherency to reduce the number of states that must be considered. Results from a user study demonstrate that Raft is easier for students to learn than Paxos. Raft also includes a new mechanism for changing the cluster membership, which uses overlapping majorities to guarantee safety.

 
 
 
 
© 2024 GarysGuide      About    Feedback    Press    Terms