Ripple consensus paper In traditional centralized payment systems, one authoritative administrator gets the final say in how and when payments occur. In 2012, Ripple Labs, a US-based technology company, developed Ripple’s blockchain infrastructure as a response to Bitcoin technology. Sep 30, 2022 ยท Eg. Technical problems are grouped into three categories: correctness, agreement, utility. Disjoint UNLs can cause forks if connectivity is less than 20%. We would like to show you a description here but the site won’t allow us. While several consensus algorithms exist for the Byzantine Generals Problem, specifically as it pertains to distributed payment systems, many suffer from high latency induced by the requirement that all nodes within the network communicate synchronously. The document discusses a consensus algorithm for distributed payment systems called the Ripple Protocol. low-latency consensus algorithm which still maintains robustness in the face of Byzantine failures. Components of the Ripple Protocol are defined, as are the goals of consensus algorithms. dtv flc mfxoskn wxzpt urylt uxsgu gadhx nbsnkal knjt nwsmwa