Practical Byzantine Fault Tolerance (PBFT)
Definition of what Practical Byzantine Fault Tolerance (PBFT) stands for (in finance):
A consensus algorithm used in blockchain networks to achieve agreement among nodes despite the presence of malicious actors.
More Term Definitions
- Exchange-Traded Product (ETP) Definition
- Validator Definition
- General Data Protection Regulation (GDPR) Definition
- Binance Coin (BNB) Definition
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