Ripple Protocol consensus algorithm

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf gptkb:algorithm
gptkbp:compatibleWith gptkb:proof-of-work
proof-of-stake
gptkbp:designedBy gptkb:Jed_McCaleb
gptkb:David_Schwartz
gptkb:Arthur_Britto
gptkbp:documentation https://xrpl.org/consensus.html
gptkbp:feature low energy consumption
open membership
fast transaction confirmation
decentralized agreement
gptkbp:firstPublished 2014
https://www.w3.org/2000/01/rdf-schema#label Ripple Protocol consensus algorithm
gptkbp:purpose achieve distributed consensus without mining
gptkbp:type gptkb:Byzantine_Fault_Tolerant
gptkbp:usedBy gptkb:XRP_Ledger
gptkb:Ripple
gptkbp:usedFor validating transactions on XRP Ledger
gptkbp:bfsParent gptkb:Ripple_Transaction_Protocol
gptkbp:bfsLayer 7