Bitcoin Forum
May 30, 2024, 05:35:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Network Dispersity-based Consensus Protocol 2.0  (Read 101 times)
yj1190590 (OP)
Member
**
Offline Offline

Activity: 199
Merit: 15


View Profile
August 21, 2018, 11:05:43 AM
Last edit: October 25, 2018, 12:10:02 AM by yj1190590
 #1

Hi:
I have been working on this consense mechanism since I posted it last time.
This is a new version of research paper after struggling with the language expression skills.
Let me introduce the protocol in brief.
1)This study aims to determine a pow-like protocol with less energy consumption.
2)The ability "Nertwork dispersity" is defined as
Quote
As a greater number of dispersed online terminals work together, the faster they can acquire
randomly distributed information in the network due to network latency. This type of “ability”
is referred to as “network dispersity,”
3)The protocol can be seemed as a kind of PoS mechanism because of using the "stake" ability, but without its most common problems like NaS and wealth concentration issue.
4)Data can be finalized.
5)It's a fully discentralized system without any special node like "Validators" and doesn't need any outside resources or third-party processes.

The full paper is shown here(disabled).

If there are any questions, please let me know. Thanks.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!