Proof-of-Stake systems randomly choose, on each round, one of the participants as a consensus leader that extends the chain with the next block such that the selection probability is proportional to the owned stake. However, distributed random number generation is notoriously difficult. Systems that derive randomness from the previous blocks are completely insecure; solutions that provide secure random selection are inefficient due to their high communication complexity; and approaches that balance security and performance exhibit selection bias. When block creation is rewarded with new stake, even a minor bias can have a severe cumulative effect. In this paper, we propose Robust Round Robin, a new consensus scheme that addresses this selection problem. We create reliable long-term identities by bootstrapping from an existing infrastructure, such as Intel's SGX processors, or by mining them starting from an initial fair distribution. For leader selection we use a deterministic approach. On each round, we select a set of the previously created identities as consensus leader candidates in round robin manner. Because simple round-robin alone is vulnerable to attacks and offers poor liveness, we complement such deterministic selection policy with a lightweight endorsement mechanism that is an interactive protocol between the leader candidates and a small subset of other system participants. Our solution has low good efficiency as it requires no expensive distributed randomness generation and it provides block creation fairness which is crucial in deployments that reward it with new stake.
@cite_23: A major approach to overcoming the performance and scalability limitations of current blockchain protocols is to use sharding which is to split the overheads of processing transactions among multiple, smaller groups of nodes. These groups work in parallel to maximize performance while requiring significantly smaller communication, computation, and storage per node, allowing the system to scale to large networks. However, existing sharding-based blockchain protocols still require a linear amount of communication (in the number of participants) per transaction, and hence, attain only partially the potential benefits of sharding. We show that this introduces a major bottleneck to the throughput and latency of these protocols. Aside from the limited scalability, these protocols achieve weak security guarantees due to either a small fault resiliency (e.g., 1 8 and 1 4) or high failure probability, or they rely on strong assumptions (e.g., trusted setup) that limit their applicability to mainstream payment systems. We propose RapidChain, the first sharding-based public blockchain protocol that is resilient to Byzantine faults from up to a 1 3 fraction of its participants, and achieves complete sharding of the communication, computation, and storage overhead of processing transactions without assuming any trusted setup. RapidChain employs an optimal intra-committee consensus algorithm that can achieve very high throughputs via block pipelining, a novel gossiping protocol for large blocks, and a provably-secure reconfiguration mechanism to ensure robustness. Using an efficient cross-shard transaction verification technique, our protocol avoids gossiping transactions to the entire network. Our empirical evaluations suggest that RapidChain can process (and confirm) more than 7,300 tx sec with an expected confirmation latency of roughly 8.7 seconds in a network of 4,000 nodes with an overwhelming time-to-failure of more than 4,500 years.
RapidChain @cite_23 samples a reference committee from all consensus participants. The reference committee is then responsible for running a distributed randomness generation protocol in the beginning of each epoch to create new randomness for that epoch. The randomness protocol is based on verifiable secret sharing (VSS). The main limitations of this approach is that the reference committee becomes an obvious target for attacks and the distributed random generation protocol is expensive.