Blockchain technology (or, DLT , decentralized ledger technology) is revolutionizing the Internet 1 2 from a client-server/centralized architecture to a distributed/decentralized architecture. However, existing blockchain technology is unable to achieve the performance requirements of modern real-world practical mass-adopted applications because of limitations inherent to their architecture.
To solve this, the DEXON Consensus Algorithm has reinvented how blockchain technology works with its novel Byzantine Agreement and verifiable random function (VRF). The DEXON Consensus Algorithm is highly scalable, fast finality, and Byzantine fault tolerant . 3 Furthermore, the DEXON inter-chain bridging protocol can support any kind of DLT to be bridged onto the DEXON Network—making it inter-operable between different blockchain systems