2,830 research outputs found
Coordination-Free Byzantine Replication with Minimal Communication Costs
State-of-the-art fault-tolerant and federated data management systems rely on fully-replicated designs in which all participants have equivalent roles. Consequently, these systems have only limited scalability and are ill-suited for high-performance data management. As an alternative, we propose a hierarchical design in which a Byzantine cluster manages data, while an arbitrary number of learners can reliable learn these updates and use the corresponding data.
To realize our design, we propose the delayed-replication algorithm, an efficient solution to the Byzantine learner problem that is central to our design. The delayed-replication algorithm is coordination-free, scalable, and has minimal communication cost for all participants involved. In doing so, the delayed-broadcast algorithm opens the door to new high-performance fault-tolerant and federated data management systems. To illustrate this, we show that the delayed-replication algorithm is not only useful to support specialized learners, but can also be used to reduce the overall communication cost of permissioned blockchains and to improve their storage scalability
Tree-Chain: A Fast Lightweight Consensus Algorithm for IoT Applications
Blockchain has received tremendous attention in non-monetary applications
including the Internet of Things (IoT) due to its salient features including
decentralization, security, auditability, and anonymity. Most conventional
blockchains rely on computationally expensive consensus algorithms, have
limited throughput, and high transaction delays. In this paper, we propose
tree-chain a scalable fast blockchain instantiation that introduces two levels
of randomization among the validators: i) transaction level where the validator
of each transaction is selected randomly based on the most significant
characters of the hash function output (known as consensus code), and ii)
blockchain level where validator is randomly allocated to a particular
consensus code based on the hash of their public key. Tree-chain introduces
parallel chain branches where each validator commits the corresponding
transactions in a unique ledger. Implementation results show that tree-chain is
runnable on low resource devices and incurs low processing overhead, achieving
near real-time transaction settlement
JaxNet: Scalable Blockchain Network
Today's world is organized based on merit and value. A single global currency
that's decentralized is needed for a global economy. Bitcoin is a partial
solution to this need, however it suffers from scalability problems which
prevent it from being mass-adopted. Also, the deflationary nature of bitcoin
motivates people to hoard and speculate on them instead of using them for day
to day transactions. We propose a scalable, decentralized cryptocurrency that
is based on Proof of Work.The solution involves having parallel chains in a
closed network using a mechanism which rewards miners proportional to their
effort in maintaining the network.The proposed design introduces a novel
approach for solving scalability problem in blockchain network based on merged
mining.Comment: 55 pages. 10 figure
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