Blockchain Consensus Mechanism Based on Quantum Teleportation

The consensus mechanism is the core secret of the blockchain network. However, the consensus mechanism of the classical blockchain is based on the classical cryptosystem, which is based on the problem of computational complexity. With the improvement of computing power, the security of this cryptosy...

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Bibliographic Details
Main Authors: Xiaojun Wen, Yongzhi Chen, Wei Zhang, Zoe L. Jiang, Junbin Fang
Format: Article
Language:English
Published: MDPI AG 2022-07-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/10/14/2385
Description
Summary:The consensus mechanism is the core secret of the blockchain network. However, the consensus mechanism of the classical blockchain is based on the classical cryptosystem, which is based on the problem of computational complexity. With the improvement of computing power, the security of this cryptosystem is being threatened. In addition, the consensus mechanism of classic blockchain also has the following disadvantages: serious waste of computing resources and energy; the inability to withstand a 51% attack; low system throughput and large delay. Based on quantum teleportation technology and the randomness of quantum measurement, a consensus mechanism for a quantum blockchain system is proposed. Based on the physical properties of quantum mechanics, this scheme has the unconditional security of quantum cryptography. This new consensus mechanism does not involve a great deal of computing resources and hence has a lower energy consumption, shorter time delay and higher throughput. Furthermore, the new consensus mechanism could withstand a 51% attack.
ISSN:2227-7390