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PRETRUST: A Framework for Fast Payments in Blockchain Systems. (arXiv:2204.13827v3 [cs.CR] UPDATED)
Nov. 15, 2022, 2:20 a.m. | Huapeng Li, Baocheng Wang
cs.CR updates on arXiv.org arxiv.org
In this study, we propose PRETRUST, a new framework to address the problem of
the efficiency of payment process based on blockchain systems. PRETRUST is
based on the thoughts of consortium chains, supporting fast payments. To make
parties address transactions efficiently and scale out the capacity, the main
strategy is based on the guarantee mechanism and shard technology with a random
arrangement of transactions and consensus groups. In PRETRUST, the guarantee
process replaces the verification of a transaction on-chain to …
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