Blockchain Project Thundercore Releases Code for 'Pala' Consensus Protocol

Blockchain provider platform ThunderCore announced the open-sourcing of a new consensus protocol called Pala.

AccessTimeIconMay 15, 2019 at 3:50 p.m. UTC
Updated Sep 13, 2021 at 9:12 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Public blockchain platform provider ThunderCore has just released proof-of-concept code for a new consensus protocol, dubbed Pala, on GitHub.

According to Elaine Shi, chief scientist for ThunderCore, the work represents "a dream consensus protocol."

As stated on the newly released GitHub page:

"Pala is a byzantine fault tolerant consensus protocol...It can achieve low latency and high throughput in a partially synchronous network setting."

In layman terms, for blockchains that use a system of block creation and transaction validation known as proof-of-stake (PoS), Pala is way in which to switch out certain bad actors from the network without sacrificing speed or liveness.

ThunderCore was previously reported by VentureBeat to have raised $50 million in their pursuit of a highly-scalable PoS blockchain. The startup's public blockchain network, also called ThunderCore, launched this month and is fully compatible with applications running on the world's second largest blockchain platform, ethereum.

The ThunderCore blockchain also leverages the ethereum network for chain finality.

On the newly released ThunderCore blockchain, bad actors in the PoS system are detected and switched out by leveraging finality on the ethereum blockchain. The ethereum blockchain essentially acts as a network for the ThunderCore blockchain to fall back on should consensus be broken.

However, confirmations of blocks and transactions on the ethereum blockchain takes roughly 10 minutes to generate, according to Shi.

"When we want to use the slow chain for the fall back detection...we are going to suffer from slow chain confirmation times," said Shi. "This is what ThunderCore is doing right now."

With Pala, ThunderCore is able to rotate out bad actors without touching the "fallback" chain.   Shi emphasized that Pala will be integrated into ThunderCore's mainnet network once fully tested.

Shi told CoinDesk:

"Open-sourcing the Pala protocol is an important milestone for us. It means other projects can use the protocol for other blockchain platforms if they need fast consensus."

Elaine Shi image by Christine Kim for CoinDesk

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.