Subscribe to receive STORE research, news, and updates
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

About STORE

STORE is bringing Cloud 2.0 to the world with a zero-fee cryptocurrency and checks and balances governance.

BACK TO NEWS
September 5, 2018
-
5 min read

A Closer Look at BlockFin and Finality

In STORE, BlockFin’s finality is a combination of absolute and probabilistic finalities. Once more than 2/3 of validators validate and sign the block containing the transactions, the block has absolute finality, hence the transactions included the blocks also have absolute finality. There is no need to wait for a predefined number of block confirmations as in Nakamoto consensus. However, BlockFin uses an asynchronous consensus algorithm and by definition, it doesn’t make any timing assumptions. So, as the number of signatures reaches the threshhold of > 2/3 of the total number of validators, the probability of finality reaches 1.

BACK TO NEWS
STORE will change the world’s relationship to computing resources and data.

DISCLAIMER

The information provided on this website pertaining to STORE Labs, Inc, ("STORE") and $STORE tokens is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities. While information on this website is believed to be accurate and reliable, STORE and its agents, advisors, directors, officers, employess and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and STORE expressly disclaims any and all liability that may be based and such information or errors or omissions thereof. STORE reserves the right to amend or replace the information contained on the website, in part or entirely, at any time, and undertakes no obligation to notify you thereof.

Download the PDF