Byzantine Fault Tolerance is a mechanism that enables a decentralized, trustless network to function even in the presence of malfunctioning or malicious nodes.
For a trustless network to function successfully, participants adhere to a predetermined consensus mechanism. However, it’s likely some nodes will fail, misbehave, or act maliciously, and as a result give conflicting information to different parts of the network. Byzantine Fault Tolerance (BFT) makes it possible for a network to continue functioning as long as two-thirds of the network remains compliant.
Most common consensus mechanisms, like proof of work and proof of stake, are designed to be Byzantine Fault Tolerant. BFT is based on the Byzantine Generals Problem, an abstract problem that discusses the issue of coping with node failure.
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Bison Trails is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. We built a platform for anyone who wants to participate in 25 new chains effortlessly.
We also make it easy for anyone building Web 3.0 applications to connect to blockchain data from 33 protocols with Query & Transact (QT). Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.
In January, 2021, we announced Bison Trails joined Coinbase to accelerate our mission to provide easy-to-use blockchain infrastructure, now as a standalone product line. The Bison Trails platform will continue to support our customers. With Coinbase’s backing, we will enhance our infrastructure platform and make it even easier to participate in decentralized networks and build applications that connect to blockchain data.