English

Interactive Proof-of-stake

Cryptography and Security 2016-01-12 v2

Abstract

The paper examines decentralized cryptocurrency protocols that are based on the use of internal tokens as identity tools. An analysis of security problems with popular Proof-of-stake consensus protocols is provided. A new protocol, Interactive Proof-of-stake, is proposed. The main ideas of the protocol are to reduce a number of variables a miner can iterate over to a minimum and also to bring a communication into block generation. The protocol is checked against known attacks. It is shown that Interactive Proof-of-stake is more secure than current pure Proof-of-stake protocols.

Keywords

Cite

@article{arxiv.1601.00275,
  title  = {Interactive Proof-of-stake},
  author = {Alexander Chepurnoy},
  journal= {arXiv preprint arXiv:1601.00275},
  year   = {2016}
}
R2 v1 2026-06-22T12:21:53.594Z