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NEO Developers Announce Upcoming Consensus Algorithm Improvements

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Every cryptocurrency project needs to constantly grow and evolve to remain relevant. That unwritten rule applies as much to Bitcoin as it does to any other alternate cryptocurrency on the market. The NEO developers are currently in the process of building an improved consensus algorithm. In doing so, the popular altcoin prepares for future developments.

The new NEO Consensus Algorithm

People who are familiar with the NEO cryptocurrency will be aware of its technical specifications. More specifically, the altcoin uses a consensus algorithm known as dBFT, or Delegated Byzantine Fault Tolerance. While there is nothing wrong with this technology on ...

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