English

Scalable Multi-Chain Coordination via the Hierarchical Longest Chain Rule

Distributed, Parallel, and Cluster Computing 2022-12-29 v2

Abstract

This paper introduces BlockReduce, a Proof-of-Work (PoW) based blockchain system which achieves high transaction throughput through a hierarchy of merged mined blockchains, each operating in parallel on a partition the overall application state. Most notably, the full PoW available within the network is applied to all blockchains in BlockReduce, and cross-blockchain state transitions are enabled seamlessly within the core protocol. This paper shows that, given a hierarchy of blockchains and its associated security model, the protocol scales superlinearly in transaction throughput with the number of blockchains operated by the protocol.

Keywords

Cite

@article{arxiv.2112.11072,
  title  = {Scalable Multi-Chain Coordination via the Hierarchical Longest Chain Rule},
  author = {Yanni Georghiades and Karl Kreder and Jonathan Downing and Alan Orwick and Sriram Vishwanath},
  journal= {arXiv preprint arXiv:2112.11072},
  year   = {2022}
}