Gravity: a blockchain-agnostic cross-chain communication and data oracles protocol

This paper intends to propose the architecture of a blockchain-agnostic protocol designed for communication of blockchains amongst each other (i.e. cross-chain), and for blockchains with the outside world (i.e. data oracles). The expansive growth of cutting-edge technology in the blockchain industry...

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Bibliographic Details
Published in:arXiv.org 2020-08
Main Authors: Pupyshev, Aleksei, Gubanov, Dmitry, Dzhafarov, Elshan, Sapranidi, Ilya, Inal Kardanov, Zhuravlev, Vladimir, Khalilov, Shamil, Jansen, Marc, Laureyssens, Sten, Pavlov, Igor, Ivanov, Sasha
Format: Article
Language:English
Subjects:
Algorithms
Blockchain
Computer architecture
Cryptography
Gravitation
Online Access:Get full text
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Summary:This paper intends to propose the architecture of a blockchain-agnostic protocol designed for communication of blockchains amongst each other (i.e. cross-chain), and for blockchains with the outside world (i.e. data oracles). The expansive growth of cutting-edge technology in the blockchain industry outlines the need and opportunity for addressing oracle consensus in a manner both technologically and economically efficient as well as futureproof. Blockchain-agnosticism is inherently limited if proposing a technological solution involves adding one more architectural layer. As such, Gravity protocol is designed to be a truly blockchain-agnostic protocol. By ensuring parity through direct integration and by leveraging the stability and security of the respective interconnected ecosystems, Gravity circumvents the need for a dedicated, public blockchain and a native token. Ultimately, Gravity protocol intends to address scalability challenges by providing a solid infrastructure for the creation of gateways, cross-chain applications, and sidechains. This paper introduces and defines the concept of Oracle Consensus and its implementation in the Gravity protocol named the Pulse Consensus algorithm. The proposed consensus architecture allows Gravity to be considered a singular decentralized blockchain-agnostic oracle.
ISSN:2331-8422