Distributed-Consensus Transaction System

A Distributed-Consensus Transaction System is a transaction system that is a Distributed-Consensus System.

• Context:
  • It can allows Transactions to be Securely Stored and Verified without any Centralized Authority
• Example(s):
  • Bitcoin Blockchain.
• See: Centralized Transaction System.

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References

1978

• (Lamport, 1978) ⇒ Leslie Lamport. (1978). “Time, Clocks, and the Ordering of Events in a Distributed System.” In: Communications of the ACM Journal, 21(7). doi:10.1145/359545.359563

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