首页    期刊浏览 2024年07月08日 星期一
登录注册

文章基本信息

  • 标题:A new proof-of-work mechanism for bitcoin
  • 本地全文:下载
  • 作者:Ning Shi
  • 期刊名称:Financial Innovation
  • 电子版ISSN:2199-4730
  • 出版年度:2016
  • 卷号:2
  • 期号:1
  • 页码:1-8
  • DOI:10.1186/s40854-016-0045-6
  • 出版社:Springer Verlag
  • 摘要:Bitcoin system, when more than 51% computing power is controlled by a single node, the block chain can be distorted maliciously.This is called 51% attack which is a well-known potential risk that could destroy the Bitcoin system.The paper proves that under the current proof-of-work mechanism, computing power eventually will be centralized at a single node if miners are rational enough.The paper propose a new proof-of-work mechanism that improves decentralization and reduces the risk of 51% attack without increasing the risk of Sybil attack.This new mechanism introduces a series of principles such as Career open to all talents, without distinction of birth, Distribution according to labor and All Men are created equal.
  • 关键词:Digital currency; Consensus mechanism; Bitcoin; proof-of-work
国家哲学社会科学文献中心版权所有