Introducing the Unitychain Structure: A novel blockchain-like structure that enables greater parallel processing, security, and performance for networks that leverage distributed key generation and classical consensus protocols
This addresses scalability and security issues for networks using distributed key generation and classical consensus protocols, but appears incremental as it builds on existing blockchain concepts.
The paper tackles the problem of transaction scalability and security in blockchain networks by introducing the Unitychain structure, which achieves greater parallel processing and maintains performance during distributed key generation procedures.
A Unitychain is a novel blockchain-like structure that drastically improves transaction scalability and security while maintaining ongoing network performance, even if participating nodes are required to perform a new Distributed Key Generation procedure for security purposes. The Unitychain structure, furthermore, enables greater parallel processing by the assignment of different network node configurations for various database and compute ranges into multiple strands of blockchains that intersect, creating a multi-helix structure, which we call a Unitychain. This thereby enables the network to further bifurcate the roles of nodes into arbitrary yet deterministic network responsibilities in order to maximize the global compute potential.