Pyrofex introduces Casanova, a leaderless optimistic consensus protocol designed for use in the blockchain contexts. Casanova produces blocks in a directed acyclic graph (DAG) rather than in a chain and combines voting rounds with block production by singling out conflicting transactions. As a result, Casanova is poised to be one of the first provably safe, live, and correct consensus algorithms that can operate at
CDelta: An Overview
C∆ is going to be the blockchain to get global scalability to the level of Visa. Built on a directed acyclic graph (DAG) and using the fast optimistic default protocol, with a few hundred validators, C∆ can process 2,000x the transactions per second that Bitcoin can, with confirmation times fast enough to pay for groceries at your local supermarket.
Powered by Casanova, C∆ makes revolutionary advances in consensus and transaction processing while maintaining the highest standards of safety and liveness. It has several new, built-in security optimizations such as enemy-specific traffic delays, zero-weight validators, and line-item vetos. These make it so malicious actors can only slow their own traffic, leaving every honest user’s experience happily optimized.
C∆ will open the door for banks, businesses, and individuals to make easy, fast, low-cost transactions that cut out the middle man. It will integrate seamlessly with products like Numifex, saving businesses and individuals money on both ends of the transaction.
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Custom Blockchain Solutions
Our experience in mathematics, cryptography, formal verification, system engineering, and information security allow us to build custom blockchain solutions to meet your business needs. Whether it’s an open-source platform, a permissioned ledger system, or somewhere in between, Pyrofex’s team can deliver the right solution for you. Learn More…
“I think there are very serious problems for bitcoin right now. Bitmain posted over half a billion dollars in losses in their most recent financials. If miners aren’t making any money, we’re going to see the hashrate drop, which could make 51% attacks possible. We’ve...
The word “consensus algorithm” invokes in many people’s minds the intricate mechanisms that both proof-of-work and proof-of-stake blockchains use to process transactions. But consensus algorithms aren’t unique to blockchains; they’ve been around for decades. In fact,...