Chain selection describes how a blockchain network chooses the correct chain of blocks to follow. This process involves nodes agreeing on the valid and longest chain among potential forks, typically based on proof-of-work or proof-of-stake algorithms. It guarantees the network’s security and resistance to double-spending by confirming transaction finality. Proper chain selection is crucial for maintaining a consistent and trustworthy ledger.
Context
Debates around chain selection often address the trade-offs between decentralization, security, and transaction speed in various blockchain designs. The advent of new consensus mechanisms constantly introduces alternative methods for nodes to decide on canonical chains. Future protocol upgrades will likely focus on optimizing these selection processes for improved scalability and robustness.
Pulsar introduces a novel density-based chain selection rule, enhancing Proof of Stake security and enabling robust sidechain interoperability with Proof of Work systems.
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