TY - CHAP
T1 - Actors and Blockchains, Together
AU - Chen, Xiaohong
AU - Rosu, Grigore
N1 - Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2026.
PY - 2026
Y1 - 2026
N2 - FastSet is a distributed protocol for decentralized finance and settlement, which is inspired from both actors and blockchains. Account holders cooperate by making claims, which can include payments, holding and transferring assets, accessing and updating shared data, medical records, digital identity, and mathematical theorems, among others. The claims are signed by their owners and are broadcast to a decentralized network of validators, which validate and settle them. Validators replicate the global state of the accounts and need not communicate with each other. In sharp contrast to blockchains, strong consistency is purposely given up as a requirement. Yet, many if not most of the blockchain benefits are preserved, while capitalizing on actor’s massive parallelism.
AB - FastSet is a distributed protocol for decentralized finance and settlement, which is inspired from both actors and blockchains. Account holders cooperate by making claims, which can include payments, holding and transferring assets, accessing and updating shared data, medical records, digital identity, and mathematical theorems, among others. The claims are signed by their owners and are broadcast to a decentralized network of validators, which validate and settle them. Validators replicate the global state of the accounts and need not communicate with each other. In sharp contrast to blockchains, strong consistency is purposely given up as a requirement. Yet, many if not most of the blockchain benefits are preserved, while capitalizing on actor’s massive parallelism.
KW - Actor model
KW - Blockchain
KW - Concurrency
KW - Distributed system
UR - https://www.scopus.com/pages/publications/105017233411
UR - https://www.scopus.com/pages/publications/105017233411#tab=citedBy
U2 - 10.1007/978-3-032-05291-9_9
DO - 10.1007/978-3-032-05291-9_9
M3 - Chapter
AN - SCOPUS:105017233411
T3 - Lecture Notes in Computer Science
SP - 215
EP - 236
BT - Lecture Notes in Computer Science
PB - Springer
ER -