Your company working for is now considering the blockchain. They would like to perform a POC with R3 Corda. The CIO was reading about different blockchain consensus algos and would like to understand what type of consensus algos is used with Corda. What is the best answer?
A) R3 Corda is a pluggable blockchain and allows the enterprise flexibility
B) R3 Corda is a byzantine fault tolerant blokchain
C) R3 Corda is a proof of stake based blockchain
D) R3 Corda is a proof of work based blockchain

Question

Quizplus · Accepted Answer

Corda does not share the same requirements as Bitcoin: we require absolute certainty over transaction finality and we need to know who our counterparts are. So we had the freedom - and took this opportunity - to solve the consensus problem in a different way. In particular, Corda solves the privacy issue in a number of manners, primarily by allowing for separation of consensus into a service which we call the Notary Cluster. Corda was designed for business from the start. It has no cryptocurrency built into the platform and does not require mining-style consensus, which imposes great cost with little business benefit.

Your Company Working for Is Now Considering the Blockchain