CRJan 13, 2022
Low-latency, Scalable, DeFi with Zef
arXiv:2201.05073v1
AI Analysis
This work addresses scalability and latency issues in decentralized finance (DeFi) for users needing efficient asset management, but it appears incremental as it builds on existing protocols.
The paper extends the FastPay and Zef protocols beyond payments to support off-chain assets like NFTs and atomic swaps, introducing on-demand BFT consensus instances for these applications.
Zef was recently proposed to extend the low-latency, Byzantine-Fault Tolerant (BFT) payment protocol FastPay with anonymous coins. This report explores further extensions of FastPay and Lef beyond payments. We start by off-chain assets (e.g. NFTs). We introduce the idea of on-demand BFT consensus instances throught the example of atomic swaps between account owners.