0

I am working on tokenised securities space. Our plan is to run tokenised securities on a public Ethereum blockchain.

There is an operational risk that public blockchain becomes unavailable and transaction do not go through (consensus issue, EVM level denial of service, other).

As a contigency plan to guarantee against operational risks (risks of financial loss resulting from failed processes) I'd like to have a backup chain where everyone can switch over if the Ethereum mainnet failures. This would be a permissioned chain were a single authority will have control over blocks until the mainnet issued are resolved.

I'd like to know

  • What are the options of taking the current chain data and then start a cloned network with a different chain id and consensus algorith (proof-of-authority)

  • Has somebody tried this before

  • Then there has to be a way to rerun all transactions on a private chain back to public chain smart contracts, but this is smart contract programming as usual

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.