Related papers: StairDag: Cross-DAG Validation For Scalable BFT Co…
Recent developments in the Byzantine Fault Tolerant consensus protocols have shown the DAG-based protocols to be a very promising technique. While early implementations of DAG-based protocols such as Narwhal/Bullshark trade high throughput…
In response to the bottleneck of processing throughput inherent to single chain PoW blockchains, several proposals have substituted a single chain for Directed Acyclic Graphs (DAGs). In this work, we investigate two notable DAG-oriented…
We introduce a structure for the directed acyclic graph (DAG) and a mechanism design based on that structure so that peers can reach consensus at large scale based on proof of work (PoW). We also design a mempool transaction assignment…
We propose a new Proof-of-Stake consensus protocol constructed with a verifiable random function (VRF) and a verifiable delay function (VDF) that has the following properties: a) all addresses with positive stake can participate; b) is fair…
Direct Acyclic Graph (DAG)-based ledger and the corresponding consensus algorithm has been identified as a promising technology for Internet of Things (IoT). Compared with Proof-of-Work (PoW) and Proof-of-Stake (PoS) that have been widely…
With the advancement of blockchain systems, many recent research works have proposed distributed ledger technology~(DLT) that employs Byzantine fault-tolerant~(BFT) consensus protocols to decide which block to append next to the ledger.…
Permissionless blockchain technology offers numerous potential benefits for decentralised applications, such as security, transparency, and openness. BFT-based consensus mechanisms are widely adopted in the permissioned blockchain to meet…
Several blockchain consensus protocols proposed to use of Directed Acyclic Graphs (DAGs) to solve the limited processing throughput of traditional single-chain Proof-of-Work (PoW) blockchains. Many such protocols utilize a random…
This work formalizes the structure and protocols underlying recent distributed systems leveraging block DAGs, which are essentially encoding Lamport's happened-before relations between blocks, as their core network primitives. We then…
With the continuous expansion of blockchain application scenarios, consortium chains have raised higher performance and security requirements for consensus mechanisms. Unlike public blockchains, consortium chains typically implement an…
Recent research in consensus has often focussed on protocols for State-Machine-Replication (SMR) that can handle high throughputs. Such state-of-the-art protocols (generally DAG-based) induce undue overhead when the needed throughput is…
Hyperledger Fabric is a leading permissioned blockchain framework for enterprise use, known for its modular design and privacy features. While it strongly supports configurable consensus and access control, Fabric can face challenges in…
The surging interest in blockchain technology has revitalized the search for effective Byzantine consensus schemes. In particular, the blockchain community has been looking for ways to effectively integrate traditional Byzantine…
With the rise of cryptocurrencies, many new applications built on decentralized blockchains have emerged. Blockchains are full-stack distributed systems where multiple sub-systems interact. While many deployed blockchains and decentralized…
Directed Acyclic Graph (DAG) is a popular approach to achieve scalability of blockchain networks. Due to its high efficiency in data communication and great scalability, DAG has been widely adopted in many applications such as Internet of…
Bitcoin is a decentralised digital currency that serves as an alternative to existing transaction systems based on an external central authority for security. Although Bitcoin has many desirable properties, one of its fundamental…
As the digital landscape evolves, Web3 has gained prominence, highlighting the critical role of decentralized, interconnected, and verifiable digital ecosystems. This paper introduces SPID-Chain, a novel interoperability consensus designed…
Throughput limitations of existing blockchain architectures are well documented and are one of the most significant hurdles for their wide-spread adoption. In our previous proof-of-concept work, we have shown that separating computation…
DAG-based DLTs allow for parallel, asynchronous writing access to a ledger. Consequently, the perception of the most recent blocks may differ considerably between nodes, and the underlying network properties of the P2P layer have a direct…
Classic BFT consensus protocols guarantee safety and liveness for all clients if fewer than one-third of replicas are faulty. However, in applications such as high-value payments, some clients may want to prioritize safety over liveness.…