Cerberus- The Consensus For Future DeFi
In this article we are going to discuss about a new consensus of mining protocol created by Radix DLT.
The consensus protocol of mining is nothing, but the digital agreement gets signed by all participants who took part in the mining of each block. And consensus protocol defines the security of that blockchain and it protects not only the participants but also to the entire system from 51 percent attack, double-spend attack, DOS (denial-of-service) attacks, and long-range attack.
There are many types of mining consensus protocol in the exiting but no one created by targeting the growing market of DeFi (Decentralized finance)so we need special types of consensus which fully dedicated to DeFi requirements. So in this article, we will discuss Cerberus consensus protocols by Radix, which fully dedicated to Defi.
Cerberus consensus protocol:
In brief Cerberus is the key technology by Radix to provide limitless scalability to the system where it can process infinity numbers of parallel shards. Cerberus treats all shreds as “local Cerberus”, and multiple local Cerberus can combine each other in parallel to form “emergent Cerberus’” where each shard communicate with each other as a traditional BFT (Byzantine Fault Tolerance) for instance when a transaction executed then the transaction hash get send to other blocks in the parallel local Cerberus which provide maximum security in every aspects.
Radix adding an application layer into Cerberus to benefit more that specifies the dependencies between commands. A Radix node when combining with Radix blockchain, Cerberus, and an application layer called “Radix engine”, when multiple Radix node combines called “Radix universe” when a Radix universe makes a transaction then it called “Atoms” where all the data in the Atoms called “particles”.
Every transaction has three steps first proposal, validate, and block propagation or registered in the blockchain in Cerberus protocol, when a client command requests from a node then that node gets selected as a leader or proposer for the transaction and other nodes get into that transaction to validate/invalidate the transaction and then the block propagate.
If you can see, then you can find that Cerberus combining multiple Radix nodes to validate a single transaction, which means a transaction becomes more secure and legit, and the particles in the atom get validate or invalidate according to the atom.
All the nodes involved in a transaction get selected by Cerberus protocol automatically, and Cerberus designed to give protection from Sybil attacks, DOS (denial-of-service) attacks, etc.
Benefits of Cerberus:
As Cerberus can process multiple transactions, parallelly so it provides limitless scalability in the terms of transaction, security, and speed for your Defi application and service.
Cerberus provides an application layer where you can build and run your Defi applications by availing all facilities from Radix.
Cerberus solves the state machine replication (SMR) problem and by the help of the Radix engine Cerberus protocol allows you to apply an alternative of a smart contract for your Defi application and service.
You can read these documents to know more about Cerberus protocol in detail from a technical aspect.
Yes, I know there are many kinds of consensus in the blockchain world, but to run Defi Dapp and service we need a specially dedicated consensus because in Defi the main point where we need to focus is transactions because a Defi Dapp and service grow when the numbers of transactions grow and here Cerberus consensus protocol can be very helpful which will provide scalability in the term speed, security, and decentralization, It has application layer for your Dapp and a smart contract alternative for your Defi project.
Name- Jitendra naik
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