High throughput consensus refers to a class of agreement mechanisms in distributed systems, particularly blockchains, designed to process a significantly larger number of transactions per second than earlier protocols. These consensus algorithms prioritize speed and capacity while maintaining security and decentralization, though often with specific trade-offs. Examples include various Proof-of-Stake derivatives and sharding solutions that enable parallel transaction processing. Achieving high throughput is critical for supporting widespread adoption of decentralized applications.
Context
The pursuit of high throughput consensus is a central challenge in blockchain development, aiming to overcome the scalability limitations of first-generation networks. Current debates weigh different approaches to scaling, considering their impact on decentralization and network security. Future innovations involve further advancements in layer-2 solutions, optimistic rollups, and zero-knowledge rollups to offload transaction processing from the main chain. Success in this area will determine the ability of blockchain platforms to support mainstream applications.
A new consensus protocol leveraging epidemic-style communication eliminates fixed validators, achieving superior throughput and latency for extreme-scale networks.
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