Consensus Protocols

Since the creation of Bitcoin, the blockchain industry has shifted in favor of more modular architectures. A major driver towards more modularity among blockchain networks is the interest in researching, testing, and implementing new consensus protocols to achieve greater scalability. The state-of-the-art in con- sensus research and design is constantly shifting, giving way to new methods. However, bootstrapping a novel consensus design comes with considerable risk. Restaking can be used to help provide an additional layer of crypto-economic security while the novelty of the consensus design wears off. This could pave the way for new break-throughs in novel consensus research and design.

Last updated