Single-Tiered Hybrid PoW Consensus Protocol to Encourage Decentralization in Bitcoin

We propose a single-tiered hybrid proof-of-work consensus protocol to encourage decentralization in bitcoin. Our new mechanism comprises coupled puzzles from which properties differ from each other; the one is the extant outsourceable bitcoin puzzle while the other is nonoutsourceable. Our new proto...

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Veröffentlicht in:	Security and communication networks 2023-07, Vol.2023, p.1-12
Hauptverfasser:	Kim, Gyu Chol, Han, Gang Song, Kim, Ryong Chol, Jong, Yong Bok, Kim, Nam Hyok, Han, Il Min, Han, Ung Il
Format:	Artikel
Sprache:	eng
Schlagworte:	Algorithms Blockchain Competition Cryptocurrency mining Decentralization Digital currencies Digital signatures Mining machinery Protocol Puzzles
Online-Zugang:	Volltext
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