Towards Scaling Byzantine Consensus Using Random Network Topology And Multi-Signatures

With the growing interest in the adaptation of blockchain technology into current technology stacks, the tech industry has engendered strong research motivation towards the scalability aspect of consortium blockchains to make its efficiency and performance at par with the existing industry standards. There has been a surge in developing efficient consensus algorithms leading to faster finality. But many of them do not scale well with an increase in nodes or have special requirements that overcompensate the underlying requirement for high scale adaptability of a simplistic and efficient consensus mechanism for consortium industry-ready blockchain deployments. This paper presents a study that approaches to scale byzantine consensus using random network topology and multi-signatures. Based on the experiments and evaluations it can be clearly stated that given study scales better with increasing network sizes with a reduction in throughput of the at minimal levels.