Ripple CTO and one of the original architects of the XRP Ledger, David Schwartz, gives a high-level overview of the differences between blockchain consensus mechanisms such as Proof-of-Work, Proof-of-Stake, and Federated Byzantine Agreement. The XRP Ledger takes a more democratic approach to achieve consensus, and David covers a high level approach to consensus models. Learn more about consensus mechanisms in this 1 minute video.
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