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Author Topic: What Is The Avalanche Consensus and How Does It Work  (Read 11593 times)

Offline crypto1010

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What Is The Avalanche Consensus and How Does It Work
« on: February 13, 2020, 12:46:44 PM »

The Avalanche consensus mechanism was published in mid-2018 and was implemented by AVA labs. This new consensus mechanism aims to create a network without any leader as all nodes have equal status here.

AVA is led by Professor Emin Gün Sirer, one of the most esteemed cryptocurrency thinkers. AVA Labs is powered by this consensus protocol that can achieve high performance and scalability while solving some of the issues present in traditional consensus algorithms.

AVA has been able to demonstrate more than 5000 transactions per second with each transaction taking around 1-2 seconds to process and finalize.

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What Is The Avalanche Consensus and How Does It Work
« on: February 13, 2020, 12:46:44 PM »

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Offline Delgboke

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #1 on: February 13, 2020, 01:21:36 PM »
The avalanche should be automatic mechanism that carries out cryptocurrency transactions without anybody operating the platform, it's a self transit Blockchain technology, I think that's a good idea to implement such technology into cryptocurrency industry.
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Offline Calantha

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #2 on: August 15, 2020, 11:16:45 AM »
Avalanche Consensus was published in mid-2018 and, like other consensus mechanisms, its whitepaper can be studied by any #DevelopmentTeam  to create their own implementation.

Offline Ganesa99

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #3 on: August 15, 2020, 11:17:47 AM »
Avalanche is the first immobile leadership consensus.
This means that unlike other networks where one or more nodes act as a leader, an ergo miner, or an authorized node, all nodes have the same state in the Avalanche (there is no receiver). direction). Traditionally, a consensus was reached through the leader, but with Avalanche, the network portability promotes consensus.

Offline Thalassaya

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #4 on: August 15, 2020, 11:19:08 AM »
How Avalanche works:
Each node examines the decision of a random set of other nodes
Each time the survey node is notified of a decision from its set of options, it allocates a +1 trust point to that decision, from its set of options.
The button adopts the decision to accumulate the highest confidence score
In the end, each node examines a random set of other nodes and realizes the most confident decision, leading to a general consensus.

Offline NihonShoki

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #5 on: August 15, 2020, 03:09:19 PM »
Avalanche is an open source platform for launching highly decentralized applications, new financial principles and new interactive blockchains. Built with a groundbreaking consensus protocol, Avalanche - formerly abbreviated to Ava or AVA - was the first smart contract platform to validate transactions within a second, supporting an entire development engine Ethereum and allows millions of full block producers

Offline Esperanza12

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #6 on: August 15, 2020, 03:13:17 PM »
Avalanche Consensus operates as Decisions distributed through transactions, and because Avalanche's data structure is DAG (additional info), each node's decision is added to the existing parent transaction. This ensures that the inclination is moving in the direction of completing a particular decision.

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Re: What Is The Avalanche Consensus and How Does It Work
« Reply #6 on: August 15, 2020, 03:13:17 PM »


 

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