Related papers: Combining GHOST and Casper
We present an overview of hybrid Casper the Friendly Finality Gadget (FFG): a Proof-of-Stake checkpointing protocol overlaid onto Ethereum's Proof-of-Work blockchain. We describe its core functionalities and reward scheme, and explore its…
Ethereum Research team has proposed a family of Casper blockchain consensus protocols for Ethereum 2.0. It has been shown in the literature that Casper Friendly Finality Gadget (Casper FFG) for Ethereum 2.0's beacon network cannot achieve…
We introduce Casper, a proof of stake-based finality system which overlays an existing proof of work blockchain. Casper is a partial consensus mechanism combining proof of stake algorithm research and Byzantine fault tolerant consensus…
The CAP theorem says that no blockchain can be live under dynamic participation and safe under temporary network partitions. To resolve this availability-finality dilemma, we formulate a new class of flexible consensus protocols,…
Ethereum represents new innovation in the fields of cryptocurrency which has become relatively stagnate, promising many things, including an entire programming language and development enviroment built into the network. However the current…
Ethereum's current Gasper consensus mechanism, which combines the Latest Message Driven Greediest Heaviest Observed SubTree (LMD-GHOST) fork choice rule with the probabilistic Casper the Friendly Finality Gadget (FFG) finality overlay,…
Gasper, the consensus protocol currently employed by Ethereum, typically requires 64 to 95 slots -- the units of time during which a new chain extending the previous one by one block is proposed and voted -- to finalize. This means that…
Dynamic participation has recently become a crucial requirement for devising permissionless consensus protocols. This notion, originally formalized by Pass and Shi (ASIACRYPT 2017) through their "sleepy model", captures the essence of a…
The LMD GHOST consensus protocol is a critical component of proof-of-stake Ethereum. In its current form, this protocol is brittle, as evidenced by recent attacks and patching attempts. We propose Goldfish, a new protocol that satisfies key…
We present two attacks targeting the Proof-of-Stake (PoS) Ethereum consensus protocol. The first attack suggests a fundamental conceptual incompatibility between PoS and the Greedy Heaviest-Observed Sub-Tree (GHOST) fork choice paradigm…
Ethereum has undergone a recent change called \textit{the Merge}, which made Ethereum a Proof-of-Stake blockchain, shifting closer to BFT consensus. Ethereum, which wished to keep the best of the two protocol designs (BFT and…
Despite the tremendous interest in cryptocurrencies like Bitcoin and Ethereum today, many aspects of the underlying consensus protocols are poorly understood. Therefore, the search for protocols that improve either throughput or security…
While Ethereum has successfully achieved dynamic availability together with safety, a fundamental delay remains between transaction execution and immutable finality. In Ethereum's current Gasper protocol, this latency is on the order of 15…
Currently, Gasper, the implemented consensus protocol of Ethereum, takes between 64 and 95 slots to finalize blocks. Because of that, a significant portion of the chain is susceptible to reorgs. The possibility to capture MEV (Maximum…
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.…
Ethereum 2.0, as the preeminent smart contract blockchain platform, guarantees the precise execution of applications without third-party intervention. At its core, this system leverages the Proof-of-Stake (PoS) consensus mechanism, which…
This paper introduces a new consensus protocol, so-called \emph{\stair}, for fast consensus in DAG-based trustless system. In \stair, we propose a new approach to creating local block DAG, namely \emph{x-DAG} (cross-DAG), on each node.…
For a decentralized and transparent society, blockchain technology has been developed. Along with this, quite a few consensus algorithms that are one of core technologies in blockchain have been proposed. Among them, we analyze a consensus…
Byzantine Fault Tolerant (BFT) consensus forms the foundation of many modern blockchains striving for both high throughput and low latency. A growing bottleneck is transaction execution and validation on the critical path of consensus,…
Achieving the equilibrium between scalability, sustainability, and security while keeping decentralization has prevailed as the target solution for decentralized blockchain applications over the last years. Several approaches have been…