Proof-of-Execution: Reaching Consensus through Fault-Tolerant Speculation
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Since the introduction of blockchains, several new database systems and applications have tried to employ them. At the core of such blockchain designs are Byzantine Fault-Tolerant (BFT) consensus protocols that enable designing systems that are resilient to failures and malicious behavior. Unfortunately, existing BFT protocols seem unsuitable for usage in database systems due to their high computational costs, high communication costs, high client latencies, and/or reliance on trusted components and clients. In this paper, we present the Proof-of-Execution consensus protocol (PoE) that alleviates these challenges. At the core of PoE are out-of-order processing and speculative execution, which allow PoE to execute transactions before consensus is reached among the replicas. With these techniques, PoE manages to reduce the costs of BFT in normal cases, while still providing reliable consensus toward clients in all cases. We envision the use of PoE in high-performance resilient database systems. To validate this vision, we implement PoE in our efficient ResilientDB blockchain and database framework. ResilientDB helps us to implement and evaluate PoE against several state-of-the-art BFT protocols. Our evaluation shows that PoE achieves up to 86% more throughput than existing BFT protocols.
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