Related papers: PHICOIN (PHI): The Proof of Work High-Performance …
This paper we define a new Puzzle called Proof-of-Interaction and we show how it can replace, in the Bitcoin protocol, the Proof-of-Work algorithm.
Decentralized physical infrastructure networks (DePINs) are an emerging vertical within "Web3" replacing the traditional method that physical infrastructures are constructed. Yet, the boundaries between DePIN and traditional method of…
The widespread use of the Internet has posed challenges to existing centralized physical infrastructure networks. Issues such as data privacy risks, service disruptions, and substantial expansion costs have emerged. To address these…
The core of many cryptocurrencies is the decentralised validation network operating on proof-of-work technology. In these systems, validation is done by so-called miners who can digitally sign blocks once they solve a computationally-hard…
Security analysis of blockchain technology is an active domain of research. There has been both cryptographic and game-theoretic security analysis of Proof-of-Work (PoW) blockchains. Prominent work includes the cryptographic security…
In this paper, we will present a new PoW consensus algorithm used in Seele's main-net, MPoW (Matrix-Proof-of-Work). Compared to Bitcoin's PoW consensus algorithm, MPoW requires miners to compute the determinants of submatrices from a matrix…
Rate of growth of the amount of data generated using the high throughput sequencing (HTS) platforms now exceeds the growth stipulated by Moore's Law. The HTS data is expected to surpass those of other "big data" domains such as astronomy,…
Physically Unclonable Function (PUF) offers a secure and lightweight alternative to traditional cryptography for authentication due to their unique device fingerprint. However, their dependence on specialized hardware hinders their adoption…
Multi-party data management and blockchain systems require data sharing among participants. To provide resilient and consistent data sharing, transactions engines rely on Byzantine FaultTolerant consensus (BFT), which enables operations…
Transparency is crucial in security-critical applications that rely on authoritative information, as it provides a robust mechanism for holding these authorities accountable for their actions. A number of solutions have emerged in recent…
Bitcoin mining presents a significant economic incentive for efficient hashing and broadcast of data, both parameters stemming from the Proofs of Work used to advance the network. This incentive has led to the development of Bitcoin…
The Internet of Things (IoT) has improved people's lives by seamlessly integrating into many facets of modern life and facilitating information sharing across platforms. Device Authentication and Key exchange are major challenges for the…
The security of blockchain systems based on Proof of Work relies on mining. However, mining suffers from unstable revenue, prompting many miners to form cooperative mining pools. Most existing mining pools operate in a centralized manner,…
The blockchain system has emerged as one of the focal points of research in recent years, particularly in applications and services such as cryptocurrencies and smart contracts. In this context, the hash value serves as a crucial element in…
The Holy Grail of a decentralised stablecoin is achieved on rigorous mathematical frameworks, obtaining multiple advantageous proofs: stability, convergence, truthfulness, faithfulness, and malicious-security. These properties could only be…
Network testing plays an important role in the iterative process of developing new communication protocols and algorithms. However, test environments have to keep up with the evolution of technology and require continuous update and…
Collective operations are cornerstones of both HPC applications and large-scale AI training and inference, yet benchmarking them in a systematic and reproducible way remains difficult on modern systems due to the complexity of their…
For more than a decade, Bitcoin has gained as much adoption as it has received criticism. Fundamentally, Bitcoin is under fire for the high carbon footprint that results from the energy-intensive proof-of-work (PoW) consensus algorithm.…
There is always demand for integrating data into microeconomic decision making. Participatory sensing deals with how real-world data may be extracted with stakeholder participation and resolves a problem of Big Data, which is concerned with…
In the domain of spatial crowdsourcing drone services, which includes tasks like delivery, surveillance, and data collection, secure communication is paramount. The Public Key Infrastructure (PKI) ensures this by providing a system for…