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VIP Title Author Category Status CreatedAt
214
Per Epoch VRF-based Random Beacon Generation
Zhijie Ren ([email protected]) and Ziheng Zhou ([email protected])
Core
Final
2021-10-20

Overview

The Proof-of-Authority consensus algorithm [1], or POA in short, has a non-quantifiable unpredictability, which makes it vulnerable to adaptive corruption attack. Here, we propose a per epoch VRF-based random beacon generation mechanism. This mechanism will guarantee that the leader of epoch e is unpredictable before epoch e-2 and the adversaries cannot manipulate the beacon to gain significant advantage to be selected by the leader.

Specifications

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References

[1] Vechain development plan and whitepaper, 2018.