Based on these deficiencies, we propose a novel Proof of Work system which achieves the following goals: - to provide a fiscally incentivized platform for ...
ABSTRACT. Proof of Work systems are used in cryptocurrencies to obtain con- sensus in distributed peer-to-peer systems that share no trust. Min-.
Based on these deficiencies, we propose a novel Proof of Work system which achieves the following goals: - to provide a fiscally incentivized platform for ...
ABSTRACT. Proof of Work systems are used in cryptocurrencies to obtain con- sensus in distributed peer-to-peer systems that share no trust. Min-.
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Sep 2, 2017 · Declaration. This dissertation is duly submitted as part of the requisite work for the award of the. Masters of Science in Mathematics of ...
Aug 20, 2020 · Loe, A. F., Quaglia, E. A. “Conquering Generals: an NP-Hard Proof of Useful Work.” In Proceedings of the 1st Workshop on Cryptocurrencies ...
When the consensus protocol is based on solving a cryptographic puzzle, it is performed by employing computational resources, i.e., by performing some work.
Loe, A.F., Quaglia, E.A.: Conquering generals: an NP-hard proof of useful work. ... blockchain and proof-of-work algorithm for solving NP-complete problems.
In this paper, we propose the new combinatorial optimization consensus protocol (COCP) based on the proof-of-useful-work (PoUW) concept that assumes solving ...
For a problem to be NP-complete, it must be useful ... To confirm the validity of this reduction, we have to show that it works in the case of either outcome ...