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Scaling Nakamoto Consensus to Thousands of Transactions per Second

Conflux. Chenxing Li, Peilun Li, Dong Zhou, Wei Xu, Fan Long and Andrew Chi-Chih Yao.

Keep every block in a directed acyclic graph. A pivot chain picks a total order. Honest blocks that lost the race still contribute security and transactions.

A reading of the public document. Not a copy of it, and not a claim about a later network that reused the name.

A chain that raises the block rate and orphans honest work has not used this idea. Ask whether losing blocks still count.

The five-minute read

The defect

Bitcoin throws away forks. At a high block rate, honest blocks are thrown away too, and the safety proof thins out.

The rule

Keep every block in a directed acyclic graph. A pivot chain picks a total order. Honest blocks that lost the race still contribute security and transactions.

How it is put together

Blocks point at more than one parent. The pivot chain is a slow, heaviest path. Epochs around the pivot chain yield one transaction order.

Where the claim stops

The paper's throughput is a model, not a promise for a later network.

One action, walked through

  1. A miner extends the pivot tip and references other recent blocks.
  2. The heaviest-path rule chooses the pivot.
  3. Transactions are ordered by epoch, then by a deterministic tie break.
  4. Do orphaned honest blocks still add weight?

The argument, unpacked

Why it is still on the desk

A chain that raises the block rate and orphans honest work has not used this idea. Ask whether losing blocks still count.

After the text

Conflux the network is a later deployment. Cite the paper for the graph and the pivot chain, and the client for the parameters.

What has to be true

  • The paper's throughput is a model, not a promise for a later network.
  • A total order still exists. This is not a system with no conflicts.
  • Safety still depends on honest majority hash power.

What happened after the paper

Conflux the network is a later deployment. Cite the paper for the graph and the pivot chain, and the client for the parameters.

What to check before you use the idea

  • Do orphaned honest blocks still add weight?
  • How is the total order derived from the graph?
  • What happens to a transaction that appears in two epochs?

Terms

Pivot chain
The chain inside the graph that decides order.
Epoch
The set of blocks the pivot orders together.

The problem the paper names

Bitcoin throws away forks. At a high block rate, honest blocks are thrown away too, and the safety proof thins out.

What the design proposes

  • Blocks point at more than one parent.
  • The pivot chain is a slow, heaviest path.
  • Epochs around the pivot chain yield one transaction order.

How the mechanism is specified

  • A miner extends the pivot tip and references other recent blocks.
  • The heaviest-path rule chooses the pivot.
  • Transactions are ordered by epoch, then by a deterministic tie break.

What this page does not treat as proven

  • The paper's throughput is a model, not a promise for a later network.
  • A total order still exists. This is not a system with no conflicts.
  • Safety still depends on honest majority hash power.

Why a venture studio still reads it

A chain that raises the block rate and orphans honest work has not used this idea. Ask whether losing blocks still count.

This is Blockchain Lab's reading of a public design paper. It is not the paper, not a copy of it, and not an offer of tokens, equity, custody or a partnership. Later network behaviour can diverge from the text. Nothing here is investment, legal or technical advice.

Research status: Design paper. Last reviewed: 1 October 2026. This is a reading of a public paper, not investment, legal or security advice.