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KRNC: New Foundations for Permissionless Byzantine Consensus and Global Monetary Stability [article]

Clinton Ehrlich, Anna Guzova
2020 arXiv   pre-print
This paper applies biomimetic engineering to the problem of permissionless Byzantine consensus and achieves results that surpass the prior state of the art by four orders of magnitude.  ...  The biomimetic mechanism is incorporated into a permissionless blockchain protocol, Key Retroactivity Network Consensus ("KRNC"), which delivers ~40,000 times the security and speed of today's decentralized  ...  for permissionless Byzantine consensus.  ... 
arXiv:1909.07433v4 fatcat:rmjnu6ktv5fu7hqjcakzghio2y