Sequencer Consensus

πŸ“œ TL;DR:

  • This approach addresses key PoS vulnerabilities: weak subjectivity and censorship attacks.

  • Forged chains would be invalidated by the state proofs on the Bitcoin network.

  • Integration with the Bitcoin network validates the blockchain and helps maintain integrity even under attack.

πŸ‘€ Sneak Peek WIP

The Hemi Network uses a hybrid of Proof-of-Stake (PoS) and Proof-of-Proof (PoP) to secure its blockchain.

🌐 Overview

The Hemi Network utilizes the Bitcoin-Secure Sequencer (BSS), a type of Proof-of-Stake (PoS) node, to achieve consensus, or agreement, on the network’s status. By leveraging the Bitcoin blockchain, the Hemi Network decentralizes its security measures, reducing reliance on internal network validators.

πŸ‘€ Sneak Peek WIP

Enhanced Consensus Mechanism

The network combines traditional PoS with Proof-of-Proof (PoP), creating a more secure and robust consensus mechanism than standard PoS systems.

πŸ› οΈ How?

⛓️ It incorporates state proofs from the Bitcoin network to validate the Hemi blockchain, ensuring the network's history cannot be easily altered or falsified.

πŸ›‘οΈ The hybrid model provides a unique defense against majority stake attacks, a common vulnerability in pure PoS networks.

πŸ” In the event of an overwhelming attack, the network can offload transactions to the Bitcoin network, ensuring continuous operation and security.

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