Analysis of the XRP Ledger Consensus Protocol

The XRP Ledger Consensus Protocol is a previously developed consensus protocol powering the XRP Ledger. It is a low-latency Byzantine agreement protocol, capable of reaching consensus without full agreement on which nodes are members of the network. We present a detailed explanation of the algorithm...

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Veröffentlicht in:arXiv.org 2018-02
Hauptverfasser: Chase, Brad, MacBrough, Ethan
Format: Artikel
Sprache:eng
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Zusammenfassung:The XRP Ledger Consensus Protocol is a previously developed consensus protocol powering the XRP Ledger. It is a low-latency Byzantine agreement protocol, capable of reaching consensus without full agreement on which nodes are members of the network. We present a detailed explanation of the algorithm and derive conditions for its safety and liveness.
ISSN:2331-8422