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Jingfan Yu

Publications and source records attributed to Jingfan Yu.

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Clownfish: Scaling DAG-based BFT Consensus via Sparse Edges

Directed Acyclic Graph (DAG) based BFT protocols have demonstrated the capability to achieve significantly high throughput in practice. Recent advancements focused on minimizing the good-case latency of these protocols, approaching the theoretical lower bound. However, the high communication complexity inherent in existing DAG-based protocols limits their scalability. This primarily arises because each vertex in the DAG must include a linear number of edges (references) to vertices from previous rounds. We present Clownfish, a partially synchronous DAG-based BFT protocol designed to address the scalability bottleneck. Clownfish achieves lower communication complexity by selectively reducing the number of edges in DAG vertices. When using a communication-optimal consistent broadcast, Clownfish attains quadratic total communication complexity per round, outperforming prior DAG-based protocols. Clownfish also reduces the additional latency in failure cases by optimizing the round advancement rule. Additionally, Clownfish supports multiple leaders per round to reduce average latency while maintaining its lower communication complexity. Our experimental evaluation demonstrates that Clownfish provides significantly better scalability than existing DAG-based protocols.

cs.DC

SoK: Play-to-Earn Projects

Play-to-earn is one of the prospective categories of decentralized applications. The play-to-earn projects combine blockchain technology with entertaining games and finance, attracting various participants. While huge amounts of capital have been poured into these projects, the new crypto niche is considered controversial, and the traditional gaming industry is hesitant to embrace blockchain technology. In addition, there is little systematic research on these projects. In this paper, we delineate play-to-earn projects in terms of economic & governance models and implementation and analyze how blockchain technology can benefit these projects by providing system robustness, transparency, composability, and decentralized governance. We begin by identifying the participants and characterizing the tokens, which are products of composability. We then summarize the roadmap and governance model to exposit there is a transition from centralized governance to decentralized governance. We also classify the implementation of the play-to-earn projects with different extents of robustness and transparency. Finally, we discuss the security & societal challenges for future research in terms of possible attacks, the economics of tokens, and governance.

cs.CR