Understanding Single Point Of Failure
Decentralization is about eliminating weak points that could threaten the expected properties of the network.
Decentralization is about eliminating weak points that could threaten the expected properties of the network.
A single point of failure can even stop the entire system from working. No entity, whether in the form of a group of nodes or people, should have a significantly stronger position than other entities. These entities can abuse their position or become easy targets for attackers. In this article, we will look at the potential weaknesses of blockchain projects.
What Can Be A Single Point Of Failure? A single point of failure (SPOF) can be a node or a group of nodes in the network that have a significantly stronger position than other nodes. Nodes are always run by humans, so they can be SPOFs too.
In the image below you can see 4 nodes of block producers (pools) operated by Read article: Understanding Single Point Of Failure
SNEKbot by DexHunter on CARDANO
Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!