Sequencer Consensus

📜 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.

👀 Sneak Peek WIP

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

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🌐 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.

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👀 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.

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🛠️ 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.

🛡️ The hybrid model provides a unique defense against majority stake attacks, a common vulnerability in pure PoS networks.

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