Cryptofinancial Security with David Schwartz of Ripple Labs

Ripple’s secure payment infrastructure puts distributed systems security theory to a real-world test.

David Schwartz is Chief Cryptographer for Ripple Labs.

Questions

• How does Ripple use simulation to avoid potential faults in the system?
• How is Ripple’s consensus algorithm different from Bitcoin’s?
• In the context of a value-exchange system like Ripple, how do you define “security”?
• What are some best practices for implementing a secure distributed system?
• How does Ripple’s Codius smart contract system differ from Ethereum?
• How does Ripple compare to Bitcoin with sidechains?

Links

• YouTube: David Schwartz discusses consensus
• The Ripple Protocol Consensus Algorithm
• YouTube: Codius smart contracts explained
• Paxos Made Moderately Complex

Jeff