In recent weeks, Bitcoin Cash (BCH) developers and community members have discussed a pre-agreed method called Avalanche. Now BCH advocates have noticed that the protocol has been applied to the implementation of the Bchd full nodes and the official proof-of-concept that is currently running on the BCH mainnet.
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The benefits of Avalanche and PoW run in parallel
The Avalanche Proof-of-Concept is a consensus algorithm that adds fault tolerant Byzantine proofs to a blockchain network so that nodes can distinguish between two conflicting transactions. The protocol communicates with nodes in real time for more efficient consensus. This is because Avalanche queries the node network and asks them to reach consensus about which of the two conflicting transactions are preferred.
People are often confused with Avalanche, which is used by BCH because it is also used in a Proof of Stakes (PoS) project designed by Cornell Professor Emin Gün Sirer. In the BCH chain, Avalanche is used only for pre-consensus and runs parallel to the original consensus mechanism with proof of work. Some developers and supporters of BCH believe that Avalanche will make the BCH network much more robust.
The avalanche discussions have increased in the last week since the protocol is now running on the main network. "Ok, the Avalanche Proof-of-Concept officially runs on the Mainnet" explained Brock developer Chris Pacia on February 7th. The programmer also left a link to the Github repository of the protocol, where developers get an overview of the avalanche pre-consensus specification implemented in the Bchd branch.
The Bchd version of Avalanche Github Repository is:
[The following specification] is not intended to be a final specification and is unlikely to be compatible with the implementation developed by Bitcoin ABC. The main purpose is to give other developers something concrete to think about, think about, and discuss.
Irreversible transactions in seconds
In addition to the experiments in the BCH main chain, the developers of Bchd have also published an avalanche transactional explorer. The speed at which BCH transactions are processed shows that the finality of the transaction is usually 2-3 seconds or less. In essence, this means that the transaction (tx) listed in the Avalanche Explorer has reached a point where it can no longer be undone by a double issue, although the tx is not confirmed by miners.
"With such use, Bitcoin Cash would receive near-instant acknowledgments, improved Mempool synchronization, and reduced the financial incentive to 51% attack," explains the Avalanche Blockchain explorer. "As you can see, most transactions are currently irreversible after just a few seconds. To bring this from proof-of-concept to an actual consensus rule, many tests, experiments, data collections, code-checking and soft-fork activation are required rules. "
10x faster than ETH and reorganization protection
In recent days, BCH fans have also discussed how fast the transaction end speeds were 6 to 10 times faster than the Ethereum network. "Transaction Completed in 1.559723305 Seconds – That's 10x Faster Than ETH – A Serious Game Transformer" explained BCH developer and Bitbox founder Gabriel Cardona on Twitter. Bitcoin ABC developers have also discussed avalanche, and the protocol is on the road map according to the BCH development statistics page on Coin Dance.
In the past, Bitcoin ABC developer Amaury Sechet said the protocol could make synchronization much more efficient. The ABC developer discussed the benefits of avalanche at last October's Satoshi Vision Conference in Italy. There are other benefits that are outlined in an article by ABC developer Mengerian, who not only explains the transaction's completeness as fast, but also provides the avalanche protocol "a good mechanism for blocking blockchain blocking". of-concept Avalanche is progressing in the BCH ecosystem and the results so far have been positive.
What do you think about the Avalanche pre-consonant model? Tell us in the comments section what you think about this topic.
Credit: Shutterstock, Avalanche transaction Explorer, Bchd website and Github.
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The Post-BCH avalanche transac- tions show finalization speeds appear 10x faster than Ethereum on Bitcoin News.
