{"id":952,"date":"2019-08-15T12:51:23","date_gmt":"2019-08-15T12:51:23","guid":{"rendered":"http:\/\/org.saito.tech\/?p=952"},"modified":"2022-04-21T09:35:41","modified_gmt":"2022-04-21T09:35:41","slug":"conflux-taking-a-dag-based-approach-to-scaling-proof-of-work","status":"publish","type":"post","link":"https:\/\/saito.tech\/conflux-taking-a-dag-based-approach-to-scaling-proof-of-work\/","title":{"rendered":"Conflux \u2014 taking a DAG-based approach to scaling proof-of-work"},"content":{"rendered":"\n<p>In this episode we sit down with Conflux&#8217;s P\u00e9ter Garamv\u00f6lgyi (core developer) and Zhe Tang (operations manager) to hear their thoughts on how to solve the scalability trilemma.<br><\/p>\n\n\n\n<p>Developed by a group of computer scientists from the University of Toronto (one of show co-host David\u2019s alma maters) and Tsinghua University in Beijing (also home to The Saito Social), the project has garnered attention thanks to the involvement of Dr Andrew Chi-Chih Yao \u2014 the only Chinese recipient of the Turing Award \u2014 as well as a $35 million funding round last year, which included backing from the likes of Sequoia China.<br><\/p>\n\n\n\n<p>Join us as we dig into their proposal to combine a DAG data structure with Satoshi\u2019s Proof of Work consensus algorithm as a way of delivering increased throughput \u2014 all while seeking to maintain the chain\u2019s properties of security and decentralisation. As always: your co-hosts are Saito\u2019s Richard Parris and David Lancashire. Feedback welcome via info@saito.tech<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode we sit down with Conflux&#8217;s P\u00e9ter Garamv\u00f6lgyi (core developer) and Zhe Tang (operations manager) to hear their thoughts on how to solve the scalability trilemma. Developed by a group of computer scientists from the University of Toronto (one of show co-host David\u2019s alma maters) and Tsinghua University in Beijing (also home to The Saito Social), the project has garnered attention thanks to the involvement of Dr Andrew Chi-Chih Yao \u2014 the only Chinese recipient of the Turing Award \u2014 as well as a $35 million funding round last year, which included backing from the likes of Sequoia [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_import_markdown_pro_load_document_selector":0,"_import_markdown_pro_submit_text_textarea":"","footnotes":""},"categories":[22],"tags":[26],"class_list":["post-952","post","type-post","status-publish","format-standard","hentry","category-events","tag-saitosocial"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Conflux \u2014 taking a DAG-based approach to scaling proof-of-work - Saito<\/title>\n<meta name=\"description\" content=\"In this episode we sit down with Conflux\u2019s P\u00e9ter Garamv\u00f6lgyi (core developer) and Zhe Tang (operations manager) to hear their thoughts on how to solve the scalability trilemma.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/saito.tech\/conflux-taking-a-dag-based-approach-to-scaling-proof-of-work\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conflux \u2014 taking a DAG-based approach to scaling proof-of-work - Saito\" \/>\n<meta property=\"og:description\" content=\"In this episode we sit down with Conflux\u2019s P\u00e9ter Garamv\u00f6lgyi (core developer) and Zhe Tang (operations manager) to hear their thoughts on how to solve the scalability trilemma.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/saito.tech\/conflux-taking-a-dag-based-approach-to-scaling-proof-of-work\/\" \/>\n<meta property=\"og:site_name\" content=\"Saito\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-15T12:51:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-21T09:35:41+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/saito.tech\/conflux-taking-a-dag-based-approach-to-scaling-proof-of-work\/\",\"url\":\"https:\/\/saito.tech\/conflux-taking-a-dag-based-approach-to-scaling-proof-of-work\/\",\"name\":\"Conflux \u2014 taking a DAG-based approach to scaling proof-of-work - 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