Trustchain protocol
draft-pouwelse-trustchain-01
Document | Type |
Expired Internet-Draft
(individual)
Expired & archived
|
|
---|---|---|---|
Author | Johan Pouwelse | ||
Last updated | 2018-12-07 (Latest revision 2018-06-05) | ||
RFC stream | (None) | ||
Intended RFC status | (None) | ||
Formats | |||
Stream | Stream state | (No stream defined) | |
Consensus boilerplate | Unknown | ||
RFC Editor Note | (None) | ||
IESG | IESG state | Expired | |
Telechat date | (None) | ||
Responsible AD | (None) | ||
Send notices to | (None) |
This Internet-Draft is no longer active. A copy of the expired Internet-Draft is available in these formats:
Abstract
Trustchain is a protocol for a networked datastructure, designed to act as a trust ledger. This protocol acts as a decentralized alternative to platforms like eBay, Airbnb, and Uber. It is specifically designed to record transactions among strangers without central control, support high transaction volumes, be application neutral, and avoid vendor lock-in. The protocol defines recording transactions in an ordered list using an append-only datastructure, a new communication overlay, and a horizontally scalable consensus protocol based on checkpoint consensus, called CHECO. Trustchain has resistance to traditional blockchain attacks, such as the 51 percent majority attack. This is achieved by using a graph-based append-only datastructure combined with a personal blockchain for each participant with their own genesis block.
Authors
(Note: The e-mail addresses provided for the authors of this Internet-Draft may no longer be valid.)