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
- Hashgraph Definition
- Proof-of-Activity (PoA) Definition
- Hackathon Definition
- BiPRO Definition
- Startup Phase Definition

