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A Novel Endorsement Protocol to Secure BFT-Based Consensus in Permissionless Blockchain
May 7, 2024, 4:11 a.m. | Ziqiang Xu, Ahmad Salehi Shahraki, Naveen Chilamkurti
cs.CR updates on arXiv.org arxiv.org
Abstract: Permissionless blockchain technology offers numerous potential benefits for decentralised applications, such as security, transparency, and openness. BFT-based consensus mechanisms are widely adopted in the permissioned blockchain to meet the high scalability requirements of the network. Sybil attacks are one of the most potential threats when applying BFT-based consensus mechanisms in permissionless blockchain due to the lack of effective verification mechanisms for participants' identities. This paper presents a novel endorsement-based bootstrapping protocol with a signature algorithm …
applications arxiv attacks benefits blockchain cs.cr high meet network novel openness potential threats protocol requirements scalability security technology threats transparency
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