As the foundation for DeFi services, it incorporates a convenient global payment system that minimizes remittance charges, including financial institute charges and exchange rate margin. In addition, the software that implements the Sperax blockchain will be open source
Secure and Unpredictable random beacon/ RANDAO
RANDAO not only has the characteristics of unpredictability,
which it inherits from the common random number generator, but it is also more accessible and provably fair.
Security design in the type II partially asynchronous networks
Our internet is best modeled by the type II partially asynchronous network. Without special security design, consensus in this network can be easily led into unrecoverable deadlock and its liveness property broken.
Sperax designs its BDLS consensus protocol based on the type II partially asynchronous network model. It is mathematically proven that BDLS protocol is truly secure (both safe and live) under this realistic model.
High efficiency consensus algorithm design
While scalability is one angle to evaluate the performance of any blockchain system, understanding its communication complexity is also crucial.
Though performances of blockchains vary, current public blockchains all need at least O(n²) communication complexity. Sperax blockchain, with its original BDLS consensus however, manages to achieve linear complexity O(4n), which greatly improves performance.
The Sperax ecosystem prioritizes the following properties:
Security: Highly secure to ensure the safety of the financial system.
Efficiency/low latency: Fulfill most transactions within minutes.
Scalability: Reliable with billions of accounts with various network connectivity speeds.
Flexibility: Power future innovation in financial services such as DeFi applications.
The Sperax Blockchain technology innovations include:
Secure and efficient BFT consensus protocol BDLS.
Sperax Virtual Machines (SVM) that supports Solidity programming language (Sperax will also support Libra’s Move programming language in the future).
To gain a deeper understanding of Sperax, please refer to the following resources:
Academic rewards: Sperax: An Approach To Defeat Long Range Attacks In Blockchains