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Resilient Consensus Sustained Collaboratively. (arXiv:2302.02325v2 [cs.CR] UPDATED)
cs.CR updates on arXiv.org arxiv.org
The recent growth of blockchain technology has accelerated research on
decentralized platforms. Initial such platforms decide on what should be added
to the ledger based on the Proof-of-Work (PoW) consensus protocol. PoW protocol
requires its participants to perform massive computations and leads to massive
energy wastage. Existing solutions to replace the PoW protocol make use of the
Proof-of-Stake (PoS) protocol or classical fault-tolerant consensus protocols.
However, the safety of the ledger created by these protocols is at the mercy of …
blockchain decentralized energy growth ledger platforms pos pow protocol protocols research safety solutions technology work