Related papers: Reducing Latency of DAG-based Consensus in the Asy…
DAG-Rider popularized a new paradigm of DAG-BFT protocols, separating dissemination from consensus: all nodes disseminate transactions as blocks that reference previously known blocks, while consensus is reached by electing certain blocks…
The Unspent Transaction Output (UTXO) model is commonly used in the field of Distributed Ledger Technology (DLT) to transfer value between participants. One of its advantages is that it allows parallel processing of transactions, as…
In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which…
The Narwhal system is a state-of-the-art Byzantine fault-tolerant scalable architecture that involves constructing a directed acyclic graph (DAG) of messages among a set of validators in a Blockchain network. Bullshark is a zero-overhead…
This paper introduces a novel architecture for a distributed ledger, commonly referred to as a "blockchain", which is organized in the form of directed acyclic graph (DAG) with UTXO transactions as vertices, rather than as a chain of…
DAG-based protocols have been proposed as potential solutions to the latency and throughput limitations of traditional permissionless consensus protocols. However, their adoption has been hindered by security concerns and a lack of a solid…
Users of blockchains value scalability, expecting fast confirmations and immediate transaction processing. Odontoceti, the latest in DAG-based consensus, addresses these concerns by prioritizing low latency and high throughput, making a…
Round-based DAGs enable high-performance Byzantine fault-tolerant consensus, yet their technical advantages remain underutilized due to their short history. While research on consensus protocols is active in both academia and industry, many…
We propose separating the task of reliable transaction dissemination from transaction ordering, to enable high-performance Byzantine fault-tolerant quorum-based consensus. We design and evaluate a mempool protocol, Narwhal, specializing in…
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…
Lachesis protocol~\cite{lachesis2021} leverages a DAG of events to allow nodes to reach fast consensus of events. This work introduces DAG progress metrics to drive the nodes to emit new events more effectively. With these metrics, nodes…
The need for high throughput and censorship resistance in blockchain technology has led to research on DAG-based consensus. The Sui blockchain protocol uses a variant of the Bullshark consensus algorithm due to its lower latency, but this…
We introduce the theoretical foundations of the Tangle 2.0, a probabilistic leaderless consensus protocol based on a directed acyclic graph (DAG) called the Tangle. The Tangle naturally succeeds the blockchain as its next evolutionary step…
Following the design of more efficient blockchain consensus algorithms, the execution layer has emerged as the new performance bottleneck of blockchains, especially under high contention. Current parallel execution frameworks either rely on…
This paper introduces Nemo-Nemo, a practical crash-fault tolerant (CFT) consensus protocol designed to outperform existing protocols in wide-area networks by bridging design principles from the CFT and Byzantine-fault tolerant (BFT) worlds.…
This paper introduces Slipstream, a Byzantine Fault Tolerance (BFT) protocol where nodes concurrently propose blocks to be added to a Directed Acyclic Graph (DAG) and aim to agree on block ordering. Slipstream offers two types of block…
This work addresses the inherent issues of high latency in blockchains and low scalability in traditional consensus protocols. We present pod, a novel notion of consensus whose first priority is to achieve the physically-optimal latency of…
In this paper, we propose two models for scaling the transaction throughput in Proof-of-Work (PoW) based blockchain networks. In the first approach, a mathematical model has derived for optimal transaction throughput for PoW based longest…
Given the parallels between game theory and consensus, it makes sense to intelligently design blockchain or DAG protocols with an incentive-compatible-first mentality. To that end, we propose a new blockchain or DAG protocol enhancement…
We propose a novel consensus protocol based on a hybrid approach, that combines a directed acyclic graph (DAG) and a classical chain of blocks. This architecture allows us to enforce collective block construction, minimising the…