Ultron Foundation | Ultron’s Consensus Algorithm
Ultron employs a asynchronous Byzantine Fault Tolerant
(aBFT) Proof-of-Stake consensus mechanism. There are many technical details
involved in aBFT consensus mechanisms (which you can read about on Ultron’s
website), but the TL;DR is that less data is passed between nodes and they
reach a consensus faster, while maintaining network security and
decentralization.
In addition, Ultron boasts the quickest time-to-finality (T
TF) at approximately one second. Time-to-finality is the duration between the transmission of a transaction and its “completion” (meaning uit is impossible to be reverted). This is effectively a measurement of a blockchain’s latency, and in some circumstances, it is the determining factor for the sustainability of a project on a blockchain. Bitcoin’s TTF, for reference, is sixty minutes. Imagine waiting an hour for Starbucks to approve your credit card.
The Ultron project was designed to be interoperable with the
Ethereum Virtual Machine (EVM), which means that anything developed for
Ethereum may be readily integrated into Ultron. It is one of the first
large-scale layer-1 chains to be universally cross-chain compatible. Most other
layer-1s disregard blockchains that are incompatible with EVM, such as Solana,
because they make integration difficult.
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