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The security and decentralization of Proof-of-Work (PoW) have been well-tested in existing blockchain systems. However, its tremendous energy waste has raised concerns about sustainability. Proof-of-Useful-Work (PoUW) aims to redirect the…

密码学与安全 · 计算机科学 2025-12-16 Weihang Cao , Mustafa Doger , Sennur Ulukus

Proof-of-Work (PoW) systems face critical challenges, including excessive energy consumption and the centralization of mining power among entities with expensive hardware. Static mining pools exacerbate these issues by reducing competition…

密码学与安全 · 计算机科学 2025-04-25 Rizwanul Haque , SM Tareq Aziz , Tahrim Hossain , Faisal Haque Bappy , Muhammad Nur Yanhaona , Tariqul Islam

Proof-of-Work (PoW) is a popular consensus protocol used by Bitcoin since its inception. PoW has the well-known flaw of assigning all the reward to the single miner (or pool) that inserts the new block. This has the consequence of making…

分布式、并行与集群计算 · 计算机科学 2022-07-13 Danilo Bazzanella , Andrea Gangemi

Cryptocurrencies have gained popularity due to their transparency, security, and accessibility compared to traditional financial systems, with Bitcoin, introduced in 2009, leading the market. Bitcoin's security relies on blockchain…

密码学与安全 · 计算机科学 2024-11-12 Dinitha Wijewardhana , Sugandima Vidanagamachchi , Nalin Arachchilage

The Decentralized-Consistent-Scale (DCS) Triangle defines three dimensions that illustrate the tradeoffs of the blockchain consensus mechanism. In this paper, we propose a new hybrid consensus protocol, called Deterministic Proof of Work…

密码学与安全 · 计算机科学 2018-11-15 Zhuan Cheng , Gang Wu , Hao Wu , Muxing Zhao , Liang Zhao , Qingfeng Cai

We describe a prototype of a fully capable Ethereum Proof-of-Work (PoW) blockchain network running on multiple Raspberry Pi (RPi) computers. The prototype is easy to set up and is intended to function as a completely standalone system,…

分布式、并行与集群计算 · 计算机科学 2025-11-26 Anton Ivashkevich , Matija Piškorec , Claudio J. Tessone

Blockchain is a type of decentralized distributed network which acts as an immutable digital ledger. Despite the absence of any central governing authority to validate the blocks in the ledger, it is considered secure and immutable due to…

分布式、并行与集群计算 · 计算机科学 2021-09-07 Shashank Joshi

The consensus protocol is the core of a blockchain system which guarantees its secure and stable operation. Proof of Activity (PoA) is a consensus protocol that tries to address some of the issues pertinent to the most widely used…

In today's connected world, resource constrained devices are deployed for sensing and decision making applications, ranging from smart cities to environmental monitoring. Those recourse constrained devices are connected to create real-time…

密码学与安全 · 计算机科学 2020-01-22 Deepak Puthal , Saraju P. Mohanty , Venkata P. Yanambaka , Elias Kougianos

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…

密码学与安全 · 计算机科学 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

In the white book of Bitcion, Satoshi Nakamoto described a bitcoin system that can realize point-to-point online payment without a third-party organization. After supporting this magical application scenario and subverting the traditional…

密码学与安全 · 计算机科学 2022-09-26 Shi Yan

Blockchain is a novel technology that is rising a lot of interest in the industrial and re- search sectors because its properties of decentralisation, immutability and data integrity. Initially, the underlying consensus mechanism has been…

密码学与安全 · 计算机科学 2018-05-10 Stefano De Angelis

We study decentralized cryptocurrency protocols in which the participants do not deplete physical scarce resources. Such protocols commonly rely on Proof of Stake, i.e., on mechanisms that extend voting power to the stakeholders of the…

密码学与安全 · 计算机科学 2017-01-12 Iddo Bentov , Ariel Gabizon , Alex Mizrahi

Regardless of their variations, blockchains require a consensus mechanism to validate transactions, supervise added blocks, maintain network security, synchronize the network state, and distribute incentives. Proof-of-Work (PoW), one of the…

分布式、并行与集群计算 · 计算机科学 2024-07-25 Amirreza Sokhankhosh , Sara Rouhani

While Proof-of-Work (PoW) is the most widely used consensus mechanism for blockchain, it received harsh criticism due to its massive waste of energy for meaningless hash calculation. Some studies have introduced Proof-of-Stake to address…

分布式、并行与集群计算 · 计算机科学 2020-04-02 Weilin Zheng , Xu Chen , Zibin Zheng , Xiapu Luo , Jiahui Cui

Distributed ledger technology has gained wide popularity and adoption since the emergence of bitcoin in 2008 which is based on proof of work (PoW). It is a distributed, transparent and immutable database of records of all the transactions…

分布式、并行与集群计算 · 计算机科学 2018-10-10 Abdul Wahab , Waqas Mehmood

Many blockchain systems today, including Bitcoin, rely on Proof of Work (PoW). Proof of work is crucial to the liveness and security of cryptocurrencies. The assumption when using PoW is that a lot of trial and error is required on average…

密码学与安全 · 计算机科学 2021-11-09 Maya Dotan , Saar Tochner

Blockchain protocols differ in fundamental ways, including the mechanics of selecting users to produce blocks (e.g., proof-of-work vs. proof-of-stake) and the method to establish consensus (e.g., longest chain rules vs. Byzantine…

分布式、并行与集群计算 · 计算机科学 2021-02-05 Andrew Lewis-Pye , Tim Roughgarden

We study the applicability of blockchain technology for distributed event detection under resource constraints. Therefore we provide a test-suite with several promising consensus methods (Proof-of-Work, Proof-of-Stake, Distributed…

分布式、并行与集群计算 · 计算机科学 2020-10-07 Cedric Sanders , Thomas Liebig

Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain…

社会与信息网络 · 计算机科学 2021-09-01 Oladotun Aluko , Anton Kolonin