BOLT

BOLT

Created using Figma
Created using Figma
With BOLT’s DAG, access points obtaine transactions without order which are automatically placed back in the order thanks to the parent/child system. This structure allows operations to be approve faster because they won’t have to wait to be integrated into a block and to wait for the approval of this one.
Risk: Very High
To be announced
Additional Details
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About BOLT

With BOLT’s DAG, access points receive unordered transactions which are automatically put back in the order thanks to the parent/child system. This structure allows transactions to be confirmed faster because they won’t have to wait to be integrated into a block and to wait for the confirmation of this one. But there is a problem with the unordered reception: an attacker would just have to post two transactions with an upper amount than half its funds. As they actually don’t have an order the network won’t be able to know which transaction comes first and has to be confirmed, so this person will be able to cancel the first transaction. For example, John owns 120 BOLTS, JESSICA sells to John something for 100 BOLTS, John pays and after a few seconds, once she received her BOLTS, Jessica send the object. Once John receives the confirmation of the shipment, he just has to create a second transaction with the same parents as the first one to another address. The two transactions will be in conflict and Jessica will wait for her money forever.

Activity

Activity:
4
VERY LOW
Posts:
11
VERY LOW
Views:
207
VERY LOW
Followers:
2
VERY LOW
Tweets:
0
VERY LOW
30 Days Growth:

BOLT Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Corentin P.
Web developper
unverified
Hugo L.
CEO / Developper
unverified
Bryan M.
Designer / Community manager
unverified
Thomas D.
Developper
unverified

BOLT Last News

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