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BlockFin: The leaderless, async, BFT consensus algorithm from Storecoin
It's a common belief that public blockchains can't be both scalable and decentralized -- they suffer from the scalability trilemma.
Our team at Storecoin has invented a leaderless, asynchronous, Byzantine Fault-Tolerant (BFT) consensus algorithm called BlockFin that solves for this.

How Storecoin solves for both scalability and decentralization without sharding, off-chain transactions, level 2, etc.

Storecoin’s leader-free, BFT consensus algorithm BlockFin, validates blocks in a pipelined process.

At launch, we expect 5,000+ transactions per second and for throughput to increase as transaction demand increases.

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BlockFin is a two-tier network of Validator nodes and Messagenodes, each with specific roles, assemble and validate blocks using a cryptographically secure process.

About our BlockFin BFT consensus algorithm
📖 Blockfin Presentation
How Storecoin solves for both scalibility and decentralization without shading, off-chain transactions, level 2, etc.
📺 A simulation of Storecoin's BlockFin BFT consensus algorithm
BlockFin is the leaderless, asynchronous, BFT consensus algorithm from Storecoin
🖊 Storecoin Q1 Engineering Updates
Q1 2019 was extremely productive for Storecoin on the engineering front. Here are a few of the key highlight activities.
🖊️ BlockFin compared to other consensus algorithms
This document compares Storecoin’s BlockFin consensus algorithm to some of the popular Byzantine Fault Tolerant (BFT) consensus algorithms to answer the following question.
🖊️ Why Storecoin's BlockFin Consensus Algorithm Matters
Dive into the parallels between the early oil industry and waste and BlockFin
🔬 BlockFin Database Schema
This document describes the database schema for the Storecoin blockchain.
📺 Ivan on Tech on Storecoin’s Blockfin
Ivan on Tech discusses BlockFin - a new consensus algorithm by Storecoin
📖 Trustlessness and Security in Storecoin
An analysis comparing it with Bitcoin to help understand these properties in Storecoin
⏱️ Engineering timeline for BlockFin
Anticipated roll-out of the BlockFin BFT consensus algorithm
🔬 Storecoin open sources Basil, a proposal to improve for the Tendermint consensus algorithm
Tendermint is a BFT consensus algorithm powering the Cosmos project and more.
🔬 Storecoin's early experiment with Tendermint-based consensus algorithm that led to the BlockFin research achieves +10,000 TPS with burst traffic and 21 Validator nodes
Storecoin’s mission is to become zero-fee payment infrastructure for the global internet. The Dynamic Proof of Stake (DyPoS) consensus engine powering the Storecoin infrastructure is designed to process thousands of transactions per second. When transactions arrive continuously but at lower rates, the consensus engine is capable of handling the incoming transactions, but how does it behave when transactions come in bursts? When Storecoin is used as the payment platform by merchants and app developers, the transactions are likely to come in bursts from multiple sources. So, we need to characterize the behavior of the consensus engine under such circumstances.
📖 BlockFin consensus algorithm peer review
Join Storecoin's Peer Review working group for its BFT consensus algorithm "BlockFin"
BlockFin consensus algorithm peer review
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DISCLAIMER

Nothing herein is intended to be an offer to sell or solicitation of offer to buy, Storecoin tokens or rights to receive Storecoin tokens in the future. In the event that Storecoin conducts an offering of Storecoin tokens (or rights to receive Storecoin tokens in the future), Storecoin will do so in compliance with all applicable laws which may include the Securities Act of 1933 and the rules and regulations promulgated thereunder, as well as applicable state and foreign law. Any offering for sale to US Persons in a regulated transaction will be pursuant to a registration statement qualified by the Securities and Exchange Commission, or an applicable exemption from the registration requirements.

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