This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper on the social media platform Yours.org about a protocol technique called ‘pre-consensus.’ According to Séchet, and other BCH developers like Bitcoin Unlimited’s Peter Rizun, pre-consensus could improve block propagation time, benefit zero-confirmation reliability and help delegate decisions tethered to consensus conditions.
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Bitcoin ABC’s Amaury Séchet Publishes a Paper Called ‘On Markets and Pre-Consensus’
Amaury Séchet
This week, Amaury Séchet, the Bitcoin ABC client’s lead developer announced on Twitter that he had wrote a paper called, “On Markets and Pre-Consensus.” The article discusses the concept of pre-consensus which Séchet describes as a protocol that enables network participants to agree on what the next block size will look like. Various developers have discussed this idea before, including Bitcoin Unlimited’s chief scientist, Peter Rizun, who wrote about the subject for the Ledger academic publication, and Rizun also discussed pre-consensus during his talk at the Satoshi’s Vision Conference in Tokyo.
“Even before Bitcoin Cash was a thing, I was promoting the idea of pre-consensus — This refers to a set of technologies allowing network participants to agree as much as possible on what the next block is going to look like,” explains Séchet’s paper. “If done well, this provides significantly stronger 0-conf guarantee that we currently have, while also allowing to reach greater scale by moving work out of the critical path (if a node know what the next block is going to look like, a lot of the validation work can be done ahead of time).”
As it turns out, pre-consensus has the added bonus effect that it allows to
