Abstract
"I will discuss why Byzantine-tolerant state machine replication is fundamentally incapable of recognizing, never mind preventing, an ever present scourge of financial exchanges: the fraudulent manipulation of the order in which transactions are processed — and how its specification needs to be expanded to give it a fighting chance.
But is it possible to completely eliminate the ability of Byzantine parties to engage in order manipulation? What meaningful ordering guarantees can be enforced? And at what cost?"
About the presenter
