The Logos Network is a distributed, trustless transaction network designed for extreme scalability. It achieves high transaction throughput and low confirmation latency using a novel structure. Each account on the network has an individual chain that tracks all of its transactions, allowing independent transactions to be processed parallel. A main settlement chain provides universal synchronization of nodes as well as dynamic validator sets. Sharding via Polis adds a second dimension of parallelism to the network and additional scalability. Transactions are validated and approved by a small number of delegates elected via a representative system, which reduces redundant operations while preserving safety. Consensus is achieved via Axios, a delegated PBFT-based algorithm optimized for speed. The network provides both accountable safety and plausible liveness through slashing conditions and other game theoretic incentives.
Jeff SchroederBOARD OF DIRECTORS, GOLDMAN SACHS BANK USA
Lorin GuFOUNDING PARTNER, PARAMETRIC FUND
Tiffany TseCHAIRWOMAN, SINOBIOPHARM
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