Introduction to BlockDAG - a technology that can go hand-in-hand with blockchain but also acts as a new meta-technology that challenges it. - by MickeyMaler blockchain bitcoin
A block's anticone can consist of blocks that were unknown to the block's miner at its creation and of blocks that were created before the miner of the block finished its propagation.An honest set of blocks is a set that is the largest k-connected set of blocks that are mostly fully connected., such that it holds most of the time that no more than k blocks are produced withinseconds. The k parameter quantifies how "connected" a "well-connected" chunk is.
A low-latency DAG is simply a narrow DAG where all blocks are well connected. Analogically, a DAG that looks like a chain is "maximally connected." Also, there cannot be any parallel blocks when all blocks are connected. The core idea behind using a PoW-based DAG is to replace the mining paradigm of the Nakamoto Consensus, in which miners propagate and extend the winning chain only, with the more informative paradigm, in which miners propagate and extend the entire history of blocks-each new block points at all recent blocks in the history, rather than to the winning one.
NOTE: Currently, Kaspa operates with 1 BPS, which will be increased by Rust rewrite sprint. The ultimate goal for Kaspa is to reach 100 BPS.The plot shows block processing rates as a function of network-produced blocks-per-second . The benchmarks were executed on an AMD Ryzen 9 3900X 12-Core node. Blocks contain ~100-200 transactions.
: there should be a clear criterion for when a block is “finalized” in the sense that it will never change its place in the ordering, and every block should satisfy this criterion within a constant amount of time: the problem of determining, calculating and maintaining the order should be feasible for today’s computers even in light of an ever-growing DAGA feature provided by GHOSTDAG ordering to solve the issue that originates from the design in which we allow parallel blocks and multiple...
VII. Have instant speed of TX confirmation, which would be great, for example, for new versions of Uniswap and similar projects that will then:Inform that the transaction entered the agreed sequence of transactions, so you know you were not front-run
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