"SUTD Researchers Enhance Security In Proof Of Stake Blockchain Protocols"

Blockchain technology has attracted much attention from banks, governments, and techno-corporations as the technology has the potential to improve upon security and privacy. Proof of Stake (PoS) is a consensus algorithm used in Blockchain technology to provide security. However, PoS Blockchain protocols have been discovered to be vulnerable to faults caused by validators, who are users that verify transactions within a blockchain by voting. Faults are caused when validators unintentionally or maliciously withhold their votes. Researchers from Singapore University of Technology and Design (SUTD) have designed an algorithm to protect against such faults. This article continues to discuss the increased interest in Blockchain technology, the protocols used by this technology to provide security, and the algorithm designed by researchers to improve the security of these protocols. 

Science Magazine reports "SUTD Researchers Enhance Security In Proof Of Stake Blockchain Protocols"