Proof of Mining in Blockchain Systems

03/03/2019
by   Chunlei Liu, et al.
0

We propose a proof of mining system. Roughly speaking, in this system the mining stake mstak(A) with discrimination index a∈[0,1] of an account A is defined by the formula: mstak(A)=(1-a)·1/ NOM+a· NOBM(A)/L, where L is the length of the block-chain, NOM is the number of miners in the block-chain, and NOBM(A) is the number of blocks mined by A.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
05/25/2018

Proof of subadditive stake in block-chain cash system

The proof of radical stake system as well as the proof of logarithmic st...
research
04/23/2018

Adapting Blockchain Technology for Scientific Computing

Blockchain stores information into a chain of blocks, whose integrity is...
research
05/22/2018

The Impact of Uncle Rewards on Selfish Mining in Ethereum

Many of today's crypto currencies use blockchains as decentralized ledge...
research
03/08/2023

POEM: Proof of Entropy Minima

Nakamoto consensus has been incredibly influential in enabling robust bl...
research
09/14/2021

A Double-Linked Blockchain Approach Based on Proof-of-Refundable-Tax Consensus Algorithm

In this paper we propose a double-linked blockchain data structure that ...
research
10/24/2020

On the profitability of selfish blockchain mining under consideration of ruin

Mining blocks on a blockchain equipped with a proof of work consensus pr...
research
07/05/2022

Wider: Scale Out Blockchain With Sharding by Account

The development of blockchain applications increased the demand for bloc...

Please sign up or login with your details

Forgot password? Click here to reset