Price of TRON explodes after meeting
Revised Proof of Authority 2.0
The new Proof of Authority 2.0 SURFACE is expected to further expand the acceptance of the VeChainThor blockchain in the enterprise sector. How the further schedule for the implementation looks in detail, is not yet fixed at the time of writing.
Another advantage for the enterprise sector is that there are no anonymous nodes. In order to qualify as an Authority Masternode for the blockchain, the person or company must disclose their identity to the VeChain Foundation. This is to avoid the occurrence of “bad actors” who plan an attack on the blockchain.
The chief scientists of VeChain have published a preprint of a paper for a Proof of Authority 2.0 yesterday. In the paper entitled “SURFACE: A Practical Blockchain Consensus Algorithm for Real-World Networks”, the researchers present a concept for an improved “PoA 2.0-SURFACE”. The revised consensus model is supposed to be “more secure, use-case specific, adaptive”, faster and less vulnerable to hard forks. With this, the VeChainThor blockchain is to be made even more attractive for use by companies:The pioneering work on highly effective and stable blockchain infrastructure will benefit businesses and projects with solutions deployed and built on the VeChainThor Blockchain in many areas, and will help attract even more enterprises into the VeChain ecosystem.
To satisfy the demanding security needs of enterprise users, PoA 2.0-SURFACE uses a VRF-based random beacon generation mechanism. With this new mechanism, we balance the unpredictability and the unbiasedness of the block-proposing-schedule.In order to optimize throughput, latency and security, the PoA 2.0 SURFACE adds a committee mechanism to the VeChainThor blockchain, which is similar to the confirmation in the
作者 : Jake Simmons