### Goshawk: A Novel Efficient, Robust and Flexible Blockchain Protocol

Cencen Wan, Shuyang Tang, Yuncong Zhang, Chen Pan, Zhiqiang Liu, Yu Long, Zhen Liu, and Yu Yu

##### Abstract

Proof of Work (PoW), a fundamental blockchain protocol, has been widely applied and thoroughly testifed in various decentralized cryptocurrencies, due to its intriguing merits including trustworthy sustainability, robustness against sybil attack, delicate incentive-compatibility, and openness to any participant. Meanwhile, PoW-powered blockchains still su&#64256;er from poor efciency, potential selfsh mining, to-be-optimized fairness and extreme inconvenience of protocol upgrading. Therefore, it is of great interest to design new PoW-based blockchain protocol to address or relieve the above issues so as to make it more applicable and feasible. To do so, frstly we take advantage of the basic framework (i.e., two-layer chain structure) adopted in Bitcoin-NG which was introduced by Eyal et al. to extend the throughput of Bitcoin-derived blockchains signifcantly via blocks of a two-layer structure, inheriting the high throughput merit while ridding o&#64256; the vulnerability to the attack of microblock swamping in Bitcoin-NG as well as attaining a better fairness property, by presenting two-level mining mechanism and incorporating this mechanism into the two-layer chain structure. Furthermore, to tackle the selfsh mining issue, strengthen the robustness against the “51%” attack of PoW miners, and o&#64256;er the &#64258;exibility for future protocol updating e&#64256;ectively, we borrow the idea of ticket-voting mechanism from DASH and Decred, and combine it with our improved structure elaborately to build a novel efcient, robust and &#64258;exible blockchain protocol (named Goshawk). Last but not the least, this scheme has been implemented and deployed in the testnet of the public blockchain project Hcash for months, and has demonstrated its stability and high efciency with such real-world test.

Available format(s)
Publication info
Preprint. MINOR revision.
Keywords
BlockchainConsensus ProtocolProof of WorkTicket-voting MechanismHybrid Consensus
Contact author(s)
quantum-chaos @ sjtu edu cn
History
2018-08-11: last of 2 revisions
See all versions
Short URL
https://ia.cr/2018/407

CC BY

BibTeX

@misc{cryptoeprint:2018/407,
author = {Cencen Wan and Shuyang Tang and Yuncong Zhang and Chen Pan and Zhiqiang Liu and Yu Long and Zhen Liu and Yu Yu},
title = {Goshawk: A Novel Efficient, Robust and Flexible Blockchain Protocol},
howpublished = {Cryptology ePrint Archive, Paper 2018/407},
year = {2018},
note = {\url{https://eprint.iacr.org/2018/407}},
url = {https://eprint.iacr.org/2018/407}
}

Note: In order to protect the privacy of readers, eprint.iacr.org does not use cookies or embedded third party content.