Monoxide - Scale Out Blockchains with Asynchronous Consensus Zones

Explore a conference talk on scaling blockchain systems using Asynchronous Consensus Zones. Dive into the innovative approach of running multiple independent and parallel instances of single-chain consensus to partition network workload and maintain decentralization. Learn about eventual atomicity for efficient cross-zone transactions and Chu-ko-nu mining for maintaining network-level security in individual zones. Discover how this method achieves 1,000 times the throughput and capacity of Bitcoin and Ethereum networks, as demonstrated on a global testbed of 1,200 virtual machines supporting 48,000 nodes. Gain insights into the challenges of cryptocurrency scalability and the proposed solutions for improving transaction processing and network efficiency.

Introduction
Background
Consensus Zones
Isolated Mining
No Centralized Entity
Two Problems
Payment Logic
Custom Execution
Relay Transaction
Eventually Automaticity
Power Dilution
Chiku No Mining
Testbed
Results
Conclusion
Questions