Cryptocurrency Q&A What is the consensus mechanism of ZetaChain?

What is the consensus mechanism of ZetaChain?

JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Thu Oct 17 2024 | 6 answers 1426
I'm interested in learning about the consensus mechanism of ZetaChain. Could you please explain how it works and what makes it unique compared to other blockchain platforms? What is the consensus mechanism of ZetaChain?

6 answers

Martino Martino Sat Oct 19 2024
ZetaChain operates on the innovative Comet BFT consensus protocol, a sophisticated mechanism designed for resilience and efficiency. This partially synchronous Byzantine Fault Tolerant (BFT) algorithm ensures the network's security and reliability, even in the face of malicious actors.

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Michele Michele Sat Oct 19 2024
At the heart of Comet BFT lies its unique voting system, where validator nodes play a pivotal role. These nodes possess the authority to cast votes on proposed blocks, with their influence directly tied to the amount of ZETA coins they have staked or delegated.

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Matteo Matteo Sat Oct 19 2024
The staking mechanism incentivizes honest behavior among validators, as their voting power is proportional to their stake. This not only reinforces the network's security but also fosters a healthy ecosystem where participants are rewarded for their contributions.

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Ilaria Ilaria Sat Oct 19 2024
Each validator node is uniquely identified within the ZetaChain network by its consensus public key. This key serves as the validator's digital identity, allowing the network to authenticate and verify its actions, ensuring transparency and accountability.

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Raffaele Raffaele Fri Oct 18 2024
The integration of the consensus public key adds an extra layer of security to the system, making it difficult for malicious actors to impersonate legitimate validators. This feature is crucial for maintaining the integrity of the blockchain and protecting users' assets.

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