Ledger integrity refers to the assurance that a financial or transactional record, such as a blockchain, is complete, accurate, and has not been tampered with. It ensures that all entries are authentic and that the sequence of transactions is preserved without alteration. Maintaining ledger integrity is fundamental to the trustworthiness of any record-keeping system.
Context
Discussions surrounding ledger integrity in the cryptocurrency space predominantly focus on the immutability properties of blockchain technology and the cryptographic mechanisms that underpin it. A key debate involves the potential vulnerabilities introduced by smart contract bugs or consensus mechanism attacks that could compromise this integrity. Future developments to observe include advancements in formal verification techniques for smart contracts and the ongoing refinement of consensus algorithms to enhance their security and robustness.
This research introduces Epidemic Consensus, a novel protocol leveraging probabilistic message propagation to unlock unprecedented blockchain scalability and resilience.
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