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Title: Blockchain without consensus Post by: mihaly on January 25, 2022, 07:34:34 PM Hi to everybody! We are analyzing the creation of a hybrid blockchain in a distributed system with shared memory (DSM), where the blockchain will be one for all the nodes (placed in the shared memory), every node (that is distributed, trusted and identified) needs to authenticate with the network and after that can write directly to the blockchain without consensus, double spending itīs not a problem also, because transactions will be timestamped. This way, we will speed up all transactions, with no need to broadcast messages across the nodes. Also, nodes need to stake coins to participate in block creation.
If you are so kind to share with us your thoughts about this architecture, we will be very pleased to read it. Regards! Mihaly Title: Re: Blockchain without consensus Post by: Yogee on January 25, 2022, 10:43:37 PM Hello. There's not many geeks or technically sound members around this area so don't expect many replies to your topic. I'm also confused how that could work and I only understand the protocol would be POS. I don't really feel comfortable using something that has so many layers cause I'm afraid something could break and exploited.
Title: Re: Blockchain without consensus Post by: mihaly on January 26, 2022, 02:42:45 AM Hi! Sorry to hear that, but anyway thanks for your reply. The only additional layer it's the shared memory, which uses a faster communication than RPC (used by ETH for example) between nodes and of course, has its own fault tolerance system.
Again Thanks! Mihaly |