Past Meetup

What is the Red Belly Blockchain?

This Meetup is past

50 people went

Price: A$5.00 /per person
Location image of event venue

Details

To improve peak blockchain performance, researchers and developers started building upon the Byzantine fault-tolerant (BFT) consensus. At first it seems reasonable because consensus can be effective at totally ordering transactions into a chain, however, it is notoriously difficult to scale. In this talk, Vincent Gramoli will present the Red Belly Blockchain, a blockchain that does not use BFT consensus as a black box, but rather solves a new variant of the classic consensus problem that was recently defined for blockchains. Our experimental settings range from hundreds of nodes in a single datacenter to a thousand of nodes on 4 continents under various failure models. Our results show that the Red Belly Blockchain performs well.

Speaker
Vincent Gramoli is the head of the Concurrent Systems Research Group at the University of Sydney, a senior researcher at Data61-CSIRO and a Future Fellow of the Australian Research Council. Prior to this, he was affiliated with INRIA, Cornell and EPFL. Vincent received his PhD from Université de Rennes and his Habilitation from Sorbonne University. He is the Chair of the Blockchain Technical Committee at the Australian Computer Society.