Alex Kampa

Quan Nguyen, Andre Cronje, Michael Kong et al.

This paper introduces a new consensus protocol, so-called \emph{\stair}, for fast consensus in DAG-based trustless system. In \stair, we propose a new approach to creating local block DAG, namely \emph{x-DAG} (cross-DAG), on each node. \emph{\stair} protocol is based on our Proof-of-Stake StakeDag framework \cite{stakedag} that distinguishes participants into users and validators by their stake. Both users and validators can create and validate event blocks. Unlike StakeDag's DAG, x-DAG ensures that each new block has to have parent blocks from both Users and Validators to achieve more safety and liveness. Our protocol leverages a pool of validators to expose more validating power to new blocks for faster consensus in a leaderless asynchronous system. Further, our framework allows participants to join as observers / monitors, who can retrieve DAG for post-validation, but do not participate in onchain validation.

Quan Nguyen, Andre Cronje, Michael Kong et al.

Trustless systems, such as those blockchain enpowered, provide trust in the system regardless of the trust of its participants, who may be honest or malicious. Proof-of-stake (PoS) protocols and DAG-based approaches have emerged as a better alternative than the proof of work (PoW) for consensus. This paper introduces a new model, so-called \emph{\stakedag}, which aims for PoS consensus in a DAG-based trustless system. We address a general model of trustless system in which participants are distinguished by their stake or trust: users and validators. Users are normal participants with a no assumed trust and validators are high profile participants with an established trust. We then propose a new family of stake-based consensus protocols $\mathfrak{S}$, operating on the DAG as in the Lachesis protocol~\cite{lachesis01}. Specifically, we propose a stake-based protocol $S_φ$ that leverages participants' stake as validating weights to achieve more secure distributed systems with practical Byzantine fault tolerance (pBFT) in leaderless asynchronous Directed Acyclic Graph (DAG). We then present a general model of staking for asynchronous DAG-based distributed systems.