Blockchain Basics: will BFT and scalability be enough for consensus?

• Is the consensus mandatory for blockchain?

Blockchain gives us decentralisation that enables open, public, neutral, censor resistant, borderless operations among parties that don’t trust each other.

• • • The most unique advantage that Blockchain has: “trustless”.
    • If absolutely open and public blockchain is not of primary concern, then proof-of-work might be redundant.

But some form of distributed consensus is still required for an agreement between parties that are each pursuing their own goals.

Bitcoin Vs Ethereum

In the article, I am going to compare Bitcoin with Ethereum end-to-end. I will seperate the comparison into different concept levels with interactive charts.

Compare as Crypocurrency