Thundercore Releases the Proof-of-Concept Code for its New Consensus Protocol Called ‘Pala’
- Pala is an all-new consensus protocol that allows PoS-based systems to become faster and more efficient.
- It achieves this by minimizing latency related issues and eliminating bad actors from within a PoS ecosystem — primarily by leveraging finality on the ethereum blockchain.
On the matter, the firm’s chief scientist Elaine Shi claimed that this new protocol is designed to achieve a low level of latency all while maintaining a high tx throughput rate — even though it makes use of a ‘byzantine fault tolerant’ model.
To put things forward in the simplest manner possible, we can see that by deploying Pala, users will be weed out bad actors (without compromising on network speeds) from a proof-of-stake (PoS) based blockchain ecosystem in an easy, streamlined manner.
A Little Backstory On The Matter
In this regard, the firm recently released its public network that has been built atop the Ether ecosystem for widespread use. Not only that, but it should also be pointed out that the ThunderCore blockchain leverages the power of the ETH project for
As mentioned previously, through the use of the Pala protocol, miscreants operating within any PoS system can be easily filtered out. However, since the confirmation times of the ETH chain are quite slow, Shi believes that rectifying this issue will be her team’s next top priority.
Last but not least, we can see that through the use of Pala, ThunderCore will be able to “rotate out bad actors without touching the “fallback” chain.”
In addition to all this, Shi was also quoted as saying:
“Open-sourcing the Pala protocol is an important milestone for us. It means other projects can use the protocol for other blockchain platforms if they need fast consensus.”