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PoS Consensus Committee selection

BFT Consensus Committee

  • Locus Chain forms a Consensus Committee for BFT (Byzantine Fault Tolerance) consensus. This committee, comprising multiple nodes, is responsible for verifying and finalizing transactions and blocks.

  • The committee is selected through a weighted Proof-of-Stake (PoS) selection mechanism, involving nodes chosen based on their stake and contributions.

Weighted PoS selection

  • PoS-based selection mechanism is used for selecting the Consensus Committee. The selection probability for nodes and their operator accounts depends on factors such as the amount of digital assets held and their contributions to the Locus Chain Network.

  • For instance, nodes with extended activity or substantial contributions to network stability are more likely to be selected.

  • Operator accounts of selected nodes participate in the consensus process and receive rewards generated during this process.

Delegation of Stakes

  • Accounts that do not directly operate nodes can delegate their digital assets to other node operator accounts.

  • Delegated assets are utilized in the Proof-of-Stake (PoS) consensus process, enabling delegating accounts to indirectly earn rewards.

  • This delegation system promotes active collaboration among operators in PoS-based consensus.

Summary

  • Locus Chain significantly reduces energy consumption through its PoS-based selection system, achieving an environmentally friendly approach with minimal carbon emissions. It positions itself as a leader in sustainable blockchain operations.

  • The PoS selection mechanism ensures fairness among network participants, granting equal opportunities regardless of hardware capabilities. This minimizes hierarchical structures and fosters broader participation within the network.

  • Locus Chain also offers a delegation system enabling users without direct node operations to earn mining rewards. This enhances network participation and maintains ecosystem balance.