How does the Algorand white paper address the issue of decentralization in the context of blockchain technology?
Piper FrederickJul 19, 2023 · 2 years ago1 answers
Can you explain how the Algorand white paper tackles the problem of decentralization in the context of blockchain technology? What specific mechanisms or features does it propose to ensure a decentralized network?
1 answers
- Saeed KateMar 20, 2021 · 5 years agoIn the Algorand white paper, the issue of decentralization in blockchain technology is addressed through the use of a cryptographic sortition algorithm. This algorithm randomly selects a committee of users to participate in the consensus process, ensuring that no single entity can control the network. The committee members are responsible for proposing and validating blocks, and their identities are kept anonymous to prevent any bias or manipulation. This approach ensures that the network remains decentralized and resistant to censorship or control by any central authority. By combining this sortition algorithm with a Byzantine Agreement protocol, Algorand achieves a high level of decentralization while maintaining security and scalability.
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