04/06 - PAI Hybrid Consensus Updates
PAI Hybrid Consensus is a BIG project. It’s been quietly underway for a long time, and we’re making good progress. Because Hybrid Consensus is an open-source project, you can always check the latest code commits on Project PAI’s GitHub and read the proposal here: https://arxiv.org/pdf/1902.02469.pdf
PAI Hybrid Consensus is the initiative that’s key to fully decentralizing PAI Coin and realizing our collective vision.
Once launched, the current Proof-of-Work consensus mechanism that PAI Coin uses will be replaced by a Hybrid Proof-of-Work, Proof-of-Stake protocol.
- Ported stake difficulty algorithm (https://github.com/projectpai/paicoin/pull/282)
- Added implementations for the remaining stake RPC calls, such as ‘getstakedifficulty’, ‘getstakeversioninfo’, ‘getstakeversions’ (https://github.com/projectpai/paicoin/pull/283)
- Ongoing work for extending block header: https://github.com/projectpai/paicoin/commits/feature/hybrid-consensus/minimumStakeDiff
In the coming weeks, we will release a long-term roadmap and projection for launching PAI Hybrid Consensus and further decentralizing the PAI Blockchain.