What about Stellar Consensus Protocol ?

[SkyzohKey]

jkanother asked for this to be posted on the issue tracker, so I post it.

Today, as part of Stellar.org’s mission to expand financial access, we introduce our first white paper and new open-source codebase for a decentralized worldwide payment protocol.

The paper by Prof. David Mazières, Chief Scientist at Stellar.org, presents the Stellar Consensus Protocol (SCP), a construction for federated Byzantine agreement (FBA). SCP provides a way to reach consensus without relying on a closed system to accurately record financial transactions. SCP is the first provably safe consensus mechanism that simultaneously enjoys four key properties: decentralized control, low latency, flexible trust, and asymptotic security.

SCP is inspired by Bitcoin—we’ve taken our lessons from the space and added the ability to tolerate non-rational actors in an environment with low computing power.

This protocol is the basis of public infrastructure for money, making Stellar a blank canvas for people to design financial services that fit their lives.

Learn more: stellar.org/blog/stellar-consensus-protocol-proof-code/

[LittleVulpix]

Gotta love it when arrogant new companies try to take abbreviations that are already taken :D SCP is secure copy protocol. Get yo' own abbreviation!

[GrayHatter]

👎

No, they're not even stable yet.

The idea isn't bad, but I don't think their implementation or codebase is ready for use yet...

[SkyzohKey]

I think the guy that asked me to post this wanted to say that ToxCore could implement the same principle, not using their codebase x)

[GrayHatter]

@SkyzohKey pretend I only said

The idea isn't bad, but I don't think their implementation

More that, I don't think we should consider their protocol AT ALL until it matures a bit

[ghost]

not related, but I'm using Tox with Tor network. Pretty good combination.