Stellar Consensus Protocol

The Stellar Consensus Protocol (SCP) is a system that enables secure, fast, and decentralized digital transactions. It allows a network of trusted nodes to agree on the legitimacy of transactions without a central authority. Each node chooses a small group of trusted nodes, and together they reach consensus through a process called federated voting. This method ensures transactions are confirmed quickly and reliably, making the Stellar network suitable for real-time financial transfers and micropayments across borders. SCP's design promotes security, openness, and resilience, fostering a trustworthy environment for digital asset exchanges.