04/13 - PAI Hybrid Consensus Updates
PAI Hybrid Consensus
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
REMEMBER: 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.
Latest Commits
- Improvements to automatic ticket buyer initialization (https://github.com/projectpai/paicoin/commit/438ad415460afdea46afefa1f4d980bda9db94c4)
- Resolve issues with fee limit handling (https://github.com/projectpai/paicoin/commit/2b6d66dcabb803452b1029bd17b3c755771802b7, https://github.com/projectpai/paicoin/commit/e69b5ed857b86a9cf3b026aa59e1eec453cae4d5)
- Update split transaction creation hash (https://github.com/projectpai/paicoin/commit/cec7c662e1b6a8b1022bf3dd2813f503ba7f6320)
- Additional unit tests (https://github.com/projectpai/paicoin/commit/8221dc3c5393a7656eb42d73e4937c90cda148f6, https://github.com/projectpai/paicoin/commit/6dd9900b3ae5f244b6a8e0ed77b5ec111642f3f0)
In the coming weeks, we will release a long-term roadmap and projection for launching PAI Hybrid Consensus and further decentralizing the PAI Blockchain.