Related papers: PoEW:Encryption as Consensus and Enabling Data Com…
The sixth generation (6G) systems are generally recognized to be established on ubiquitous Artificial Intelligence (AI) and distributed ledger such as blockchain. However, the AI training demands tremendous computing resource, which is…
This paper presents a study of the Poof-of-Stake (PoW) Ethereum consensus protocol, following the recent switch from Proof-of-Work (PoS) to Proof-of-Stake within Merge upgrade. The new protocol has resulted in reduced energy consumption and…
A fundamental conflict of many proof-of-work systems is that they want to achieve inclusiveness and security at the same time. We analyze and resolve this conflict with a theory of proof-of-work quorums, which enables a new bridge between…
An enormous amount of energy is wasted in Proofof-Work (PoW) mechanisms adopted by popular blockchain applications (e.g., PoW-based cryptocurrencies), because miners must conduct a large amount of computation. Owing to this, one serious…
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…
Parallel Proof-of-Work (PoW) protocols have been suggested in the literature to improve the safety guarantees, transaction throughput and confirmation latencies of Nakamoto consensus. In this work, we first consider the existing parallel…
We present Proof-of-Perception (PoP), a tool-using framework that casts multimodal reasoning as an executable graph with explicit reliability guarantees. Each perception or logic node outputs a conformal set, yielding calibrated, stepwise…
Proof-of-work (POW) schemes have been proposed in the past. One prominent system is HASHCASH (Back, 2002) which uses cryptographic puzzles . However, work by Laurie and Clayton (2004) has shown that for a uniform proof-of-work scheme on…
Owing to some special characteristics and features, blockchain is a very useful technique that can securely organize diverse devices in a smart city. It finds wide applications, especially in distributed environments, where entities such as…
We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…
Proofs of Retrievability are protocols which allow a Client to store data remotely and to efficiently ensure, via audits, that the entirety of that data is still intact. Dynamic Proofs of Retrievability (DPoR) also support efficient…
In September 2022, Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) during "the merge" - making it the largest PoS cryptocurrency in terms of market capitalization. With this work, we present a comprehensive…
The distributed consensus mechanism is the backbone of the rapidly developing blockchain network. Blockchain platforms consume vast amounts of electricity based on the current consensus mechanism of Proof of Work. Here, we point out an…
Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The…
Proof-of-Location (PoL) is a lightweight security concept for Internet-of-Things (IoT) networks, focusing on the sensor nodes as the least performant and most vulnerable parts of IoT networks. PoL builds on the identification of network…
Proof-of-Attendance (PoA) mechanisms are typically employed to demonstrate a specific user's participation in an event, whether virtual or in-person. The goal of this study is to extend such mechanisms to broader contexts where the user…
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…
Existing research on federated learning has been focused on the setting where learning is coordinated by a centralized entity. Yet the greatest potential of future collaborative intelligence would be unleashed in a more open and…
A principal vulnerability of a proof-of-work ("PoW") blockchain is that an attacker can re-write the history of transactions by forking a previously published block and build a new chain segment containing a different sequence of…
PHICOIN (PHI) is a high-performance cryptocurrency based on the Proof-of-Work (PoW) mechanism. It aims to provide ordinary users with decentralized participation opportunities through an improved and innovative mining algorithm and fair…