Klaytn Improvement Reserve: Progress 3 & Algorithm Report
Parallel-structured Blockchain for Scalability and Stability
Date : 2022.08.29
Progress Technical Report 2: Progress 3 & Algorithm Report
Summary
Progress 3 & Algorithm Report covers in-depth algorithm analysis of parallel blockchain’s consensus algorithm. You can find out pseudo code of consensus algorithm.
For in-dept algorithm analysis and validation, we did some tests like ‘block commit time measurement’ and ‘PIBFT Max TPS test’, etc. Based on test results, we re-designed,analyzed and validated consensus algorithm in better way. As a result, we re-defined this project’s goal. Parallel-structured blockchain is a trilemma technology that fast blockchains can improve stability and decentralization without loss of scalability.
Project Milestones and Schedule
Key Deliverables
- Progress 3 & Algorithm Report
- Terminology of parallel blockchain
- Pseudo-code of parallel blockchain’s consensus algorithm
- Pseudo-code of parallel blockchain’s receipt communication
- Parallel-IBFT(PIBFT)