Transfer to new SMFT Consensus
in progress
Community Manager
The SMFT protocol is an original Everscale development. The consensus raises the bar to 50% fault tolerance, which is the maximum security level by design in decentralized systems. In addition to the above, it allows for processing many chains (processing shards or threads) in one data shard (Workchain). The SMFT launch has been postponed from Q4 2022. Currently, there is active testing in the testnet running 20 nodes, and the new consensus has been polished before the mainnet deployment.
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🎥 The SMFT protocol and security
SMFT — the Everscale consensus protocol
The Soft Majority Fault Tolerance or SMFT consensus protocol increases blockchain security to the level where any attempted malicious attacks become meaningless. At the same time, high speed is achieved while retaining a sufficiently decentralized consensus.
The SMFT protocol is an original Everscale development, and it’s a truly great innovation in the blockchain space. The consensus raises the bar to 50% fault tolerance (compared to the 33% of Byzantine Fault Tolerance or BFT) which is the maximum security level by design in decentralized systems.
To put things simply, whereas the BFT consensus protocol enables only one chain in the data shard to be processed by design, the SMFT consensus allows for processing many chains (processing shards or threads) in one data shard (WorkChain). more