Ohie: Blockchain scaling made simple

H Yu, I Nikolić, R Hou, P Saxena - 2020 IEEE Symposium on …, 2020 - ieeexplore.ieee.org
2020 IEEE Symposium on Security and Privacy (SP), 2020ieeexplore.ieee.org
Many blockchain consensus protocols have been proposed recently to scale the throughput
of a blockchain with available bandwidth. However, these protocols are becoming
increasingly complex, making it more and more difficult to produce proofs of their security
guarantees. We propose a novel permissionless blockchain protocol OHIE which explicitly
aims for simplicity. OHIE composes as many parallel instances of Bitcoin's original (and
simple) backbone protocol as needed to achieve excellent throughput. We formally prove …
Many blockchain consensus protocols have been proposed recently to scale the throughput of a blockchain with available bandwidth. However, these protocols are becoming increasingly complex, making it more and more difficult to produce proofs of their security guarantees. We propose a novel permissionless blockchain protocol OHIE which explicitly aims for simplicity. OHIE composes as many parallel instances of Bitcoin's original (and simple) backbone protocol as needed to achieve excellent throughput. We formally prove the safety and liveness properties of OHIE. We demonstrate its performance with a prototype implementation and large-scale experiments with up to 50,000 nodes. In our experiments, OHIE achieves linear scaling with available bandwidth, providing about 4-10Mbps transaction throughput (under 8-20Mbps per-node available bandwidth configurations) and at least about 20x better decentralization over prior works.
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