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Related papers: Proof-of-work consensus by quantum sampling

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All public blockchains are secured by a proof of opportunity cost among block producers. For example, the security offered by proof-of-work (PoW) systems, like Bitcoin, is due to spent computation; it is work precisely because it cannot be…

Computer Science and Game Theory · Computer Science 2019-08-27 George Bissias , Brian N. Levine , David Thibodeau

Boson Sampling represents a promising approach to obtain an evidence of the supremacy of quantum systems as a resource for the solution of computational problems. The classical hardness of Boson Sampling has been related to the so called…

Quantum Physics · Physics 2016-11-09 Ludovico Latmiral , Nicolò Spagnolo , Fabio Sciarrino

Gaussian boson sampling (GBS) allows for a way to demonstrate quantum supremacy with the relatively modest experimental resources of squeezed light sources, linear optics, and photon detection. In a realistic experimental setting, numerous…

Quantum Physics · Physics 2022-03-09 Junheng Shi , Tim Byrnes

A soft control of the network activity through varying reward in a proof-of-work (PoW) cryptocurrency is reported. Rewards are the necessity to incent the contributors activities (i.e., mining) in order to maintain the PoW network. Contrary…

Computers and Society · Computer Science 2014-09-30 Joe Lao

We propose DIPS Difficulty-based Incentives for Problem Solving), a simple modification of the Bitcoin proof-of-work algorithm that rewards blockchain miners for solving optimization problems of scientific interest. The result is a…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-06-03 Pericles Philippopoulos , Alessandro Ricottone , Carlos G. Oliver

Gaussian boson sampling is a promising candidate for showing experimental quantum advantage. While there is evidence that noiseless Gaussian boson sampling is hard to efficiently simulate using a classical computer, the current Gaussian…

Quantum Physics · Physics 2024-09-24 Changhun Oh , Minzhao Liu , Yuri Alexeev , Bill Fefferman , Liang Jiang

As an emerging decentralized secure data management platform, blockchain has gained much popularity recently. To maintain a canonical state of blockchain data record, proof-of-work based consensus protocols provide the nodes, referred to as…

Computer Science and Game Theory · Computer Science 2020-03-30 Yutao Jiao , Ping Wang , Dusit Niyato , Kongrath Suankaewmanee

Geospatial decentralization is essential for blockchains, ensuring regulatory resilience, robustness, and fairness. We empirically analyze five major Proof of Stake (PoS) blockchains: Aptos, Avalanche, Ethereum, Solana, and Sui, revealing…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-05 Shashank Motepalli , Naman Garg , Gengrui Zhang , Hans-Arno Jacobsen

Bitcoin blockchain uses hash-based Proof-of-Work (PoW) that prevents unwanted participants from hogging the network resources. Anyone entering the mining game has to prove that they have expended a specific amount of computational power.…

Cryptography and Security · Computer Science 2025-04-22 Diptendu Chatterjee , Avishek Majumder , Subhra Mazumdar

Boson sampling is one of the main quantum computation models to demonstrate the quantum computational advantage. However, this aim may be hard to realize considering two main kinds of noises, which are photon distinguishability and photon…

Quantum Physics · Physics 2024-08-20 Yang Ji , Yongzheng Wu , Shi Wang , Jie Hou , Meiling Chen , Ming Ni

The demonstration of quantum speedup, also known as quantum computational supremacy, that is the ability of quantum computers to outperform dramatically their classical counterparts, is an important milestone in the field of quantum…

Quantum Physics · Physics 2021-11-17 Ulysse Chabaud , Frédéric Grosshans , Elham Kashefi , Damian Markham

Proof-of-work (PoW) cryptocurrencies rely on a balance of security and fairness in order to maintain a sustainable ecosystem of miners and users. Users demand fast and consistent transaction confirmation, and in exchange drive the adoption…

Cryptography and Security · Computer Science 2023-06-22 Patrik Keller , Ben Glickenhaus , George Bissias , Gregory Griffith

Proof of work cryptocurrencies began with the promise of a more egalitarian future with a decentralized monetary system with no powerful entities in charge. While this vision is far from realized, these cryptocurrencies are still touted to…

Cryptography and Security · Computer Science 2022-03-31 Sishan Long , Soumya Basu , Emin Gün Sirer

Hash-based Proof-of-Work (PoW) used in the Bitcoin Blockchain leads to high energy consumption and resource wastage. In this paper, we aim to re-purpose the energy by replacing the hash function with real-life problems having commercial…

Cryptography and Security · Computer Science 2023-09-14 Diptendu Chatterjee , Prabal Banerjee , Subhra Mazumdar

Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof-of-Work miners, but consumes huge amount of energy. Proof-of-Stake chains are energy-efficient, have fast finality and accountability, but…

Cryptography and Security · Computer Science 2022-01-21 Ertem Nusret Tas , David Tse , Fisher Yu , Sreeram Kannan

Gaussian boson sampling is a model of photonic quantum computing that has attracted attention as a platform for building quantum devices capable of performing tasks that are out of reach for classical devices. There is therefore significant…

Identifying the boundary beyond which quantum machines provide a computational advantage over their classical counterparts is a crucial step in charting their usefulness. Gaussian Boson Sampling (GBS), in which photons are measured from a…

A hard-fork reconfiguration of the peer to peer Bitcoin network is described that substitutes tamper-evident logs and proof-of-stake consensus for proof-of-work consensus. The block creation rewards and transaction fees are reallocated to…

Computers and Society · Computer Science 2014-05-23 Stephen L. Reed

A proof-of-randomness (PoR) protocol is presented as a fair and low energy-cost consensus mechanism for blockchains. Each network node of a blockchain may use a true random number generator (TRNG) and hash algorism to fulfil the PoR…

Cryptography and Security · Computer Science 2025-02-18 Wen-Zhuo Zhang , Victor Kai

This paper proposes a new paradigm: generative blockchain, which aims to transform conventional blockchain technology by combining transaction generation and recording, rather than focusing solely on transaction recording. Central to our…

Cryptography and Security · Computer Science 2024-08-27 Haozhao Zhang , Zhe Zhang , Zhiqiang Zheng , Varghese Jacob