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Analysis on Blockchain Consensus Mechanism Based on Proof of Work and Proof of Stake. (arXiv:2209.11545v1 [cs.CR])
Sept. 26, 2022, 1:20 a.m. | Shi Yan
cs.CR updates on arXiv.org arxiv.org
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 centralized system, the blockchain technology has attracted
worldwide attention, triggered a research upsurge of blockchain consensus
algorithm, and produced a large number of innovative applications. Although
various consensus algorithms continue to evolve with the iteration of
blockchain products and applications, Proof of Work (POW) and Proof of Skake …
More from arxiv.org / cs.CR updates on arXiv.org
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