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Delegated Proof of Reputation: a novel Blockchain consensus
December 06, 2019 Β· Declared Dead Β· π IECC
"No code URL or promise found in abstract"
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Authors
Thuat Do, Thao Nguyen, Hung Pham
arXiv ID
1912.04065
Category
cs.CR: Cryptography & Security
Cross-listed
cs.NI
Citations
38
Venue
IECC
Last Checked
6 months ago
Abstract
Consensus mechanism is the heart of any blockchain network. Many projects have proposed alternative protocols to improve restricted scalability of Proof of Work originated since Bitcoin. As an improvement of Delegated Proof of Stake, in this paper, we introduce a novel consensus, namely, Delegated Proof of Reputation, which is scalable, secure with an acceptable decentralization. Our innovative idea is replacing pure coinstaking by a reputation ranking system essentially based on ranking theories (PageRank, NCDawareRank and HodgeRank).
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