Mark Mason
Well-known member
Dash Core Group Developer, Codablock, Explains Quorums Role Within Dash
Alexander Block, a.k.a. codablock and a Dash Core Group developer, has written a Dash.org blog post about what quorums are and how they play a significant role in the Dash network and give it an advantage.
Codablock started off by discussing how “a quorum is a collection of entities that are able to vote on something” where each member generally gets to vote once, and once 51% or more is voted on the same topic then a majority decision is reached. He then explained how this is important if the “likelihood of disagreement is too high, which for example is the case when it comes to propagation of transactions and handling of conflicts if they arise”, such as double spend transactions. He then expanded on how the problem can create “one part of the network seeing one of the transactions first, and the other part of the network seeing the other transaction first”, and it becomes “impossible to tell which of both transactions is going to be mined and confirmed on-chain”.
Read more - https://www.dashforcenews.com/dash-core-group-developer-codablock-explains-quorums-role-within-dash/
Alexander Block, a.k.a. codablock and a Dash Core Group developer, has written a Dash.org blog post about what quorums are and how they play a significant role in the Dash network and give it an advantage.
Codablock started off by discussing how “a quorum is a collection of entities that are able to vote on something” where each member generally gets to vote once, and once 51% or more is voted on the same topic then a majority decision is reached. He then explained how this is important if the “likelihood of disagreement is too high, which for example is the case when it comes to propagation of transactions and handling of conflicts if they arise”, such as double spend transactions. He then expanded on how the problem can create “one part of the network seeing one of the transactions first, and the other part of the network seeing the other transaction first”, and it becomes “impossible to tell which of both transactions is going to be mined and confirmed on-chain”.
Read more - https://www.dashforcenews.com/dash-core-group-developer-codablock-explains-quorums-role-within-dash/
