Blockchain Technology: Issues of Analysis and Synthesis

The role of the blockchain technology in decentralizing modern information systems is discussed. A general model of functioning a blockchain system is analyzed and the idea of constructing a new type of consensus protocols (“proof-of-accuracy” protocols) is proposed that, according to the authors op...

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Veröffentlicht in:	Cybernetics and systems analysis 2019-05, Vol.55 (3), p.488-495
Hauptverfasser:	Kudin, A. M., Kovalenko, B. A., Shvidchenko, I. V.
Format:	Artikel
Sprache:	eng
Schlagworte:	Access control Algorithms Analysis Artificial Intelligence Blockchain Computer systems Control Control systems Cryptocurrencies Cryptography Infrastructure (Economics) Mathematics Mathematics and Statistics Processor Architectures Software Engineering/Programming and Operating Systems Systems Theory Technology Technology assessment Telecommunications systems
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Beschreibung
Zusammenfassung:	The role of the blockchain technology in decentralizing modern information systems is discussed. A general model of functioning a blockchain system is analyzed and the idea of constructing a new type of consensus protocols (“proof-of-accuracy” protocols) is proposed that, according to the authors opinion, combines advantages of “proof-of-work” and “proof-of-stake” protocols. Ways of implementing a “proof-of-accuracy” protocol are investigated.
ISSN:	1060-0396 1573-8337
DOI:	10.1007/s10559-019-00156-1