Concept

Proof of stake

Related publications (28)

A Lyra2 FPGA Core for Lyra2REv2-Based Cryptocurrencies

Alexios Konstantinos Balatsoukas Stimming, Pascal Giard

Lyra2REv2 is a hashing algorithm that consists of a chain of individual hashing algorithms and it is used as a proof-of-work function in several cryptocurrencies that aim to be ASIC-resistant. The most crucial hashing algorithm in the Lyra2REv2 chain is a ...

IEEE2019

Efficient Verifiable Delay Functions

Benjamin Pierre Charles Wesolowski

We construct a verifiable delay function (VDF). A VDF is a function whose evaluation requires running a given number of sequential steps, yet the result can be efficiently verified. They have applications in decentralised systems, such as the generation of ...

SPRINGER INTERNATIONAL PUBLISHING AG2019

The adaptive interpolation method: a simple scheme to prove replica formulas in Bayesian inference

Nicolas Macris, Jean François Emmanuel Barbier

In recent years important progress has been achieved towards proving the validity of the replica predictions for the (asymptotic) mutual information (or free energy) in Bayesian inference problems. The proof techniques that have emerged appear to be quite ...

SPRINGER HEIDELBERG2019

Scalable Byzantine Reliable Broadcast

Rachid Guerraoui, Matej Pavlovic, Dragos-Adrian Seredinschi, Matteo Monti

Byzantine reliable broadcast is a powerful primitive that allows a set of processes to agree on a message from a designated sender, even if some processes (including the sender) are Byzantine. Existing broadcast protocols for this setting scale poorly, as ...

Schloss Dagstuhl--Leibniz-Zentrum fer Informatik2019

A Scale-out Blockchain for Value Transfer with Spontaneous Sharding

Kelong Cong

Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes only acquire a ...

IEEE2018

Proof-of-Personhood: Redemocratizing Permissionless Cryptocurrencies

Bryan Alexander Ford, Philipp Svetolik Jovanovic, Linus Gasser, Eleftherios Kokoris Kogias, Nicolas Gailly, Maria Fernanda Borge Chavez

Permissionless blockchain-based cryptocurrencies commonly use proof-of-work (PoW) or proof-of-stake (PoS) to ensure their security, e.g. to prevent double spending attacks. However, both approaches have disadvantages: PoW leads to massive amounts of wasted ...

IEEE2017

Scalable Bias-Resistant Distributed Randomness

Bryan Alexander Ford, Philipp Svetolik Jovanovic, Linus Gasser, Eleftherios Kokoris Kogias, Nicolas Gailly, Ismail Khoffi

Bias-resistant public randomness is a critical component in many (distributed) protocols. Existing solutions do not scale to hundreds or thousands of participants, as is needed in many decentralized systems. We propose two large-scale distributed protocols ...

IEEE2017

Poster: LocalCoin: An Ad-hoc Payment Scheme for Areas with High Connectivity

Boi Faltings, Sujit Prakash Gujar

The popularity of digital currencies, especially cryptocurrencies, has been continuously growing since the appearance of Bitcoin. Bitcoin is a peer-to-peer (P2P) cryptocurrency protocol enabling transactions between individuals without the need of a truste ...

Assoc Computing Machinery2016