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Streamlet: Textbook Streamlined Blockchains.pdf

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Preview of Streamlet: Textbook Streamlined Blockchains

🔗 Source: eprint.iacr.org

📊 Size: 360 KB

📄 Pages: 21 pages

⬇️ Downloads: 152

Summary

Researchers propose Streamlet, a simplified blockchain protocol for achieving distributed consensus, inspired by recent advancements in permissioned consensus protocols, particularly those driven by the cryptocurrency community's interest in Proof-of-Stake (PoS) systems. Streamlet is designed to be extremely simple and natural, making it suitable for pedagogy, and achieves both consistency and liveness with a unified propose-vote paradigm. The protocol proceeds in synchronized epochs, with a designated leader chosen at random, and uses a finalize rule to determine the finality of blocks, ensuring that once a block is finalized, all its prefix blocks are also finalized. The researchers aim to prove that Streamlet achieves consistency regardless of network delays and provides liveness guarantees, making it a remarkably simple and efficient consensus protocol compared to classical mainstream approaches like PBFT and Paxos.

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Description

Researchers propose Streamlet, a simplified blockchain protocol for achieving distributed consensus, inspired by recent advancements in permissioned consensus...

Technical Information

File Format: PDF
File Size: 360 KB
Pages: 21
Language: EN
Total Downloads: 152
Last Updated: 3 hours ago

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