Add to ORKGProof-of-Stake (PoS) algorithms, implemented as foundational components of the consensus mechanism of distributed ledgers, are defective cryptosystems by nature. This paper presents intuitive arguments for why PoS, by trying to improve the energy efficiency of Proof-of-Work (PoW) when implemented as a Sybil control mechanism in distributed ledgers, introduces a set of significant new flaws. Such systems are plutocratic, oligopolistic, and permissioned
Distributed ledgers rose to prominence with the advent of Bitcoin, the first provably secure protoco...
At the heart of Blockchains is the trustless leader election mechanism for achieving consensus among...
Security and a decentralized system are identical unique features of Blockchain. In recent times, bl...
Recent attention to Bitcoin and other cryptocurrencies has opened investors and the public to the re...
Blockchain is a new technology that has emerged to provide solutions to various sectors including he...
The objective of this thesis is to understand and evaluate the two popular consensus mechanisms of b...
Fault-tolerant distributed systems move the trust in a single party to a majority of parties partici...
In the last few years, a number of blockchain-based online platforms decided to use consensus proced...
Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof...
© 2013 IEEE. The rapid development of blockchain technology and their numerous emerging applications...
The rapid development of blockchain technology and their numerous emerging applications has received...
Reaching consensus on the global state of a ledger among distributed participants is an important ch...
Ethereum (ETH) is a popular Layer-1 blockchain platform that has been used to create decentralized a...
This paper examines, with the help of a theoretical setting, the properties of two blockchain consen...
In proof-of-work based cryptocurrencies, miners invest computing power to maintain a distributed led...
Distributed ledgers rose to prominence with the advent of Bitcoin, the first provably secure protoco...
At the heart of Blockchains is the trustless leader election mechanism for achieving consensus among...
Security and a decentralized system are identical unique features of Blockchain. In recent times, bl...
Recent attention to Bitcoin and other cryptocurrencies has opened investors and the public to the re...
Blockchain is a new technology that has emerged to provide solutions to various sectors including he...
The objective of this thesis is to understand and evaluate the two popular consensus mechanisms of b...
Fault-tolerant distributed systems move the trust in a single party to a majority of parties partici...
In the last few years, a number of blockchain-based online platforms decided to use consensus proced...
Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof...
© 2013 IEEE. The rapid development of blockchain technology and their numerous emerging applications...
The rapid development of blockchain technology and their numerous emerging applications has received...
Reaching consensus on the global state of a ledger among distributed participants is an important ch...
Ethereum (ETH) is a popular Layer-1 blockchain platform that has been used to create decentralized a...
This paper examines, with the help of a theoretical setting, the properties of two blockchain consen...
In proof-of-work based cryptocurrencies, miners invest computing power to maintain a distributed led...
Distributed ledgers rose to prominence with the advent of Bitcoin, the first provably secure protoco...
At the heart of Blockchains is the trustless leader election mechanism for achieving consensus among...
Security and a decentralized system are identical unique features of Blockchain. In recent times, bl...