LinSBFT: Linear-Communication One-Step BFT Protocol for Public Blockchains (2007.07642v1)

Abstract: This paper presents LinSBFT, a Byzantine Fault Tolerance (BFT) protocol with the capacity of processing over 2000 smart contract transactions per second in production. LinSBFT applies to a permissionless, public blockchain system, in which there is no public-key infrastructure, based on the classic PBFT with 4 improvements: (\romannumeral1) LinSBFT achieves $O(n)$ worst-case communication volume, in contract to PBFT's $O(n^4)$; (\romannumeral2) LinSBFT rotates the leader of protocol randomly to reduce the risk of denial-of-service attacks on leader; and (\romannumeral3) each run of LinSBFT finalizes one block, which is robust against participants that are honest in one run of the protocol, and dishonest in another, and the set of participants is dynamic, which is update periodically. (\romannumeral4) LinSBFT helps the delayed nodes to catch up via a synchronization mechanism to promise the liveness. Further, in the ordinary case, LinSBFT involves only a single round of voting instead of two in PBFT, which reduces both communication overhead and confirmation time, and employs the \emph{proof-of-stake} scheme to reward all participants. Extensive experiments using data obtained from the Ethereum demonstrate that LinSBFT consistently and significantly outperforms existing in-production BFT protocols for blockchains.