Analysis of the XRP Ledger Consensus Protocol

February 20, 2018 Β· Declared Dead Β· πŸ› arXiv.org

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Authors Brad Chase, Ethan MacBrough arXiv ID 1802.07242 Category cs.DC: Distributed Computing Citations 138 Venue arXiv.org Last Checked 4 months ago
Abstract
The XRP Ledger Consensus Protocol is a previously developed consensus protocol powering the XRP Ledger. It is a low-latency Byzantine agreement protocol, capable of reaching consensus without full agreement on which nodes are members of the network. We present a detailed explanation of the algorithm and derive conditions for its safety and liveness.
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