Proposal for a fully decentralized blockchain and proof-of-work algorithm for solving NP-complete problems

We propose a proof-of-work algorithm that rewards blockchain miners for using computational resources to solve NP-complete puzzles. The resulting blockchain will publicly store and improve solutions to problems with real world applications while maintaining a secure and fully functional transaction...

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Veröffentlicht in:arXiv.org 2017-09
Hauptverfasser: Oliver, Carlos G, Ricottone, Alessandro, Philippopoulos, Pericles
Format: Artikel
Sprache:eng
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Zusammenfassung:We propose a proof-of-work algorithm that rewards blockchain miners for using computational resources to solve NP-complete puzzles. The resulting blockchain will publicly store and improve solutions to problems with real world applications while maintaining a secure and fully functional transaction ledger.
ISSN:2331-8422