DFINITY - Are we looking at the third generation Blockchain Network?
blockchain·@magpielover·
0.000 HBDDFINITY - Are we looking at the third generation Blockchain Network?
<center> </center> So **DFINITY** released a white paper on their consensus algorithm which describes some novel methods to solve the issue of scaling in blockchain networks. The white paper is very technical but their [website](https://dfinity.org) has enough stuff that explains what they are trying to achieve. Note that DFINITY is a new Blockchain network (like Bitcoin, Ethereum, NEO) The main things that caught my attention are; - Random Beacon design based on the Threshold Relay concept to achieve consensus (more secure, sybil resistant) - Blockchain Nervous Sytem (BNS) to bring about a governance mechanism based on “The AI is Law” paradigm Here's the blog post by Timo Hanke, Head of Engineering DFINITY - https://medium.com/dfinity/dfinity-white-paper-our-consensus-algorithm-a11adc0a054c I'm pretty excited about DFINITY, think it will be massive for Enterprise adoption of blockchains. What do you guys think? https://steemitimages.com/DQmbYFG7tEjDZdTkV366T3XhuJmfKzFJvTyMJfJSdw3nUWJ/7.png