Transcription of Elrond
{{id}} {{{paragraph}}}
Example: stock market
Elrond
1 ElrondA Highly Scalable Public Blockchain via Adaptive State Shardingand Secure Proof of Stake[Technical whitepaper release 2 revision 1]Updated chapters: [5 - 13]June 19, 2019 - The Elrond The advent of secure public blockchains throughBitcoin and later Ethereum, has brought forth a notable degreeof interest and capital influx, providing the premise for aglobal wave of permissionless innovation. Despite lofty promises,creating a decentralized, secure and scalable public blockchainhas proved to be a strenuous paper proposes Elrond , a novel architecture which goesbeyond state of the art by introducing a genuine state shardingscheme for practical scalability, eliminating energy and com-putational waste while ensuring distributed fairness through aSecure Proof of Stake (SPoS) consensus. Having a strong focus onsecurity, Elrond s network is built to ensure resistance to knownsecurity problems like Sybil attack, Nothing at Stake attack andothers.
locking. On top of all these, our pBFT consensus algo-rithm ensures finality; 4) DDoS attacks: the consensus group is randomly sam-pled every round (few seconds); the small time frame making DDoS almost impossible. Other attack vectors we have taken into consideration are: shard takeover attack, transaction censorship, double spend,
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: