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arXiv · 1901.02755

Consensus Mechanism Design based on Structured Directed Acyclic Graphs

Jiahao He·Guangju Wang·Guangyuan Zhang·Jiheng Zhang
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Abstract

We introduce a structure for the directed acyclic graph (DAG) and a mechanism design based on that structure so that peers can reach consensus at large scale based on proof of work (PoW). We also design a mempool transaction assignment method based on the DAG structure to render negligible the probability that a transaction being processed by more than one miners. The result is a significant scale-up of the capacity without sacrificing security and decentralization.

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Jiahao He, Guangju Wang, Guangyuan Zhang, Jiheng Zhang. 2019-01-09. Consensus Mechanism Design based on Structured Directed Acyclic Graphs. https://arxiv.org/abs/1901.02755

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