The Chinese blockchain firm, Neo upgrades to dBFT 2.0 (Byzantine Fault Tolerance mechanism) on its mainnet. The new consensus mechanism dBFT guarantees immediate transaction finality. It also includes a recovery method to help failed nodes on the NEO network get back online with minimal disruption.

Rik Zhang, founder of Neo said that this improvement of dBFT will have more strict finality. Users do not have to wait for a long time for ensuring the irreversibility of the transactions and prevent double-spending. Neo’s dBFT 2.0 is different from other top crypto blockchains in the ‘commit phase’ aspect. For some, it is the proof-of-work(PoW) mechanism allowing the miners to compete on the next block while others use the mechanism for creating and validating new blocks.

The upgrade is a key step in Neo’s move towards version three of the consensus mechanism. This upgraded version will aim to make the Neo blockchain ready for large-scale commercial applications such as YouTube, Alipay, and gaming giants like Tencent.