~/talk

Scaling distributed ledgers: Achieving arbitrary throughput and sub-second latency

Talkat Hydra 2020 · 2020-07-06..07-09· [blockchain, distributed-systems]
slides:none on file

This work claims sharded ledgers can reach arbitrary throughput and sub-second latency by two concrete systems. For cross-shard safety it introduces per-object sequence numbers and dummy output objects plus a transaction manager (Java fork of Chainspace using BFT-Smart) — Biscuit fixes replay/double-spend attacks and demonstrates near-linear throughput with client-perceived latency under one second at 1,000 tps. For low-latency retail payments it builds FastPay (Rust, Dalek) using Bracha-style consistent broadcast and shows ~150k tps per authority and ~200 ms confirmation from distant clients.

AI-written summary · about

  1. 0:00Intro
  2. 1:00A set of nodes
  3. 1:18Byzantine Fault Tolerance
  4. 1:55The best example
  5. 2:42Hight Latency
  6. 3:18Low Throughput
  7. 4:00Main Takeaways
  8. 4:44What is not covered
  9. 5:39Scaling blockchains
  10. 6:48State Sharding
  11. 17:38Atomix
  12. 18:07Cross-Shard Consensus How does it achieve linear scalability?
  13. 19:35Attack against S-BAC Double-spend X1
  14. 25:35Attacks against S-BAC
  15. 26:08What causes these issues?
  16. 26:47Easy Fix?
  17. 33:37Conclusion Part 1 - Increasing Throughput
  18. 42:03Centralized systems
  19. 42:17Slow Finality
  20. 42:27Little capacity
  21. 43:33Overview
  22. 44:18Difference with blockchains
  23. 55:25Worst-case efficiency
  24. 58:29Cross-Shard Consensus Tricky to implement right
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