German Science Foundation (DFG)
This project will address the current scalability challenges of decentralized blockchain technology. The overall goal is to develop protocols that achieve similar efficiency as centralized systems, while at the same time guaranteeing strong security against realistic adversaries. To accomplish this goal, the project will investigate two main directions. First, it will develop novel consensus mechanisms with significantly improved transaction throughput and reduced latency. Second, the project will design state channel protocols, which support high transaction throughput by keeping the vast majority of transactions off-chain.