network-stories/pages/DAG-Based Consensus.md

title: author: Broke dateCreated: @today dateUpdated: @today

Topic: DAG-Based Consensus

Related:

ELI5 goes here

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Overview

Operating Definition:

[Definition here]¹

Current "Standard" Implementation:

Obyte, IOTA, Nano, Avalanche

The Idea(l):

With PBFT mechanisms, once the network decides on something, it is final. There is no forking, very strong confidence once something is committed then it will never change. In Nakamoto Consensus or Logos's the probabalistic consensus mechanism starts from low confidence and probabilistic/confidence grows over time (usually builds exponentially) with no real 'set' finality (can implement a threshold of confidence).

Logos Implementation:

Live Feedback

IMPORTANT Differentiators:

Knowledge Share:

With PBFT mechanisms, once the network decides on something, it is final. There are no forks, very strong confidence once something is committed then