A BFT-based protocol is a type of consensus mechanism designed to operate correctly even when some network participants behave maliciously or experience unexpected failures. Byzantine Fault Tolerance ensures agreement among honest nodes despite the presence of faulty ones, up to a certain threshold. These protocols are commonly employed in permissioned blockchains and certain high-performance public ledgers. They offer strong finality and high throughput.
Context
BFT protocols are frequently discussed in the context of enterprise blockchain solutions and layer-2 scaling technologies. News often highlights their advantages in achieving high transaction throughput and immediate finality, contrasting them with Proof-of-Work systems. Ongoing research focuses on improving the scalability and decentralization properties of BFT-based approaches to broaden their applicability in the digital asset space.
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