An Interleaving Hybrid Consensus Protocol
Yao Sun, Aayush Rajasekaran
TL;DR
Unity Interleave is a novel hybrid consensus protocol for public blockchains that combines PoW and PoS to enhance security, fairness, and scalability through an innovative stochastic process.
Contribution
It introduces a new hybrid consensus algorithm that merges PoW and PoS, improving upon previous Unity protocols in security and scalability.
Findings
Enhanced security compared to previous protocols
Maintains fairness and scalability in blockchain consensus
Successfully merges PoW and PoS into a unified stochastic process
Abstract
We introduce Unity Interleave, a new consensus algorithm for public blockchain settings. It is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It builds upon research previously done for the Unity protocol, improving security while maintaining fairness and scalability.
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Taxonomy
TopicsBlockchain Technology Applications and Security · Distributed systems and fault tolerance · IoT and Edge/Fog Computing