Topic: The HelixMesh Protocol - A robust blueprint for IoT-sourced distributed ledgers. (Read 223 times)

Founded in 2017, Helix Cognitive Computing GmbH (www.hlx.ai) is a Berlin-based technology company that is dedicated to developing and creating a sustainable digital ecosystem that interconnects Everyone and Everything by using a next-generation peer-to-peer digital exchange network - the HelixNetwork.

The HelixNetwork consists of the HelixMesh Protocol, it's own distributed ledger the HelixTangle and a native currency – the HLX coin.

The HelixMesh protocol is based on the double-consensus (on- and off- chain) MeshCash framework. The main advantage over existing Byzantine Fault Tolerant (BFT) consensus protocols is a high degree of flexibility: HelixMesh can be deployed in both permissionless (by implementing the Proof-Of-Contribution abstraction) and permissioned environments. Moreover, virtually any BFT consensus can be used for the off-chain layer of HelixMesh. As a result, the liveness vs safety tradeoffs are not dictated by the protocol itself but may be adjusted based on the particular use-case requirements. This makes HelixMesh a robust blueprint for consensus protocols over IoT-sourced distributed ledgers. On a longer timescale, we envision a global interconnected network of HelixMesh-based specialized DLTs.

The Technical Paper about the HelixMesh Protocol is now publicly available. To give you a little insight into our document you can read a summary of the paper here.

Abstract
We provide a technical exposition of the HelixMesh protocol and the underlying DAG-based transaction ledger. The HelixMesh is based on the double-consensus MeshCash framework and the Snowball protocol of the Avalanche family. The main advantage over existing BFT consensus protocols is a high degree of flexibility: the protocol can be deployed in both permissionless and permissioned environments. Moreover, virtually any BFT consensus is suitable for the off-chain layer of the HelixMesh. As a result, the liveness vs safety tradeoffs are not dictated by the protocol itself but may be adjusted based on the particular use-case requirements. This makes the HelixMesh a robust blueprint for IoT-sourced distributed ledgers…

To read the whole document you can find it under the following link.
https://hlx.ai/files/HelixMesh_V1_2019_04_09.pdf
We are looking forward to your feedback.

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