Radix has invented a new consensus architecture called Tempo. It uses “time” generated by network activity, to create a provable order of related events.This asynchronous, trustless consensus system does not require large amounts of computing power (Proof of Work) or large amounts of capital (Proof of Stake) to secure it. Combined with a huge, overlapping shard space, the scalability of Radix is only constrained by the number of Nodes operating.
Radix proposes a method for determining total order of events within a distributed system, without relying on trust, that is scalable, efficient and agnostic to its operating environment. To reduce overhead & increase performance, thier solution defines a structured, shardable architecture that limits state transfer information to only members of the network that need it. A peer-to peer network provides the means for communication and information routing via a reliable and robust gossip protocol. Nodes maintain a logical clock when witnessing events and periodically produce a tamper-proof commitment representing those events. When witnessing events, nodes collaborate to create Temporal Proofs which contain verifiable space-time coordinates which are used to construct vector clocks and determine when an event was first seen by the network. Nodes can join and leave the network at will and rely on detectable consistency anomalies to synchronise and bring them up to date.
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