English

Delegated Proof of Reputation: a novel Blockchain consensus

Cryptography and Security 2019-12-10 v1 Networking and Internet Architecture

Abstract

Consensus mechanism is the heart of any blockchain network. Many projects have proposed alternative protocols to improve restricted scalability of Proof of Work originated since Bitcoin. As an improvement of Delegated Proof of Stake, in this paper, we introduce a novel consensus, namely, Delegated Proof of Reputation, which is scalable, secure with an acceptable decentralization. Our innovative idea is replacing pure coinstaking by a reputation ranking system essentially based on ranking theories (PageRank, NCDawareRank and HodgeRank).

Keywords

Cite

@article{arxiv.1912.04065,
  title  = {Delegated Proof of Reputation: a novel Blockchain consensus},
  author = {Thuat Do and Thao Nguyen and Hung Pham},
  journal= {arXiv preprint arXiv:1912.04065},
  year   = {2019}
}