Proof of Kernel Work: a democratic low-energy consensus for distributed access-control protocols

We adjust the Proof of Work (PoW) consensus mechanism used in Bitcoin and Ethereum so that we can build on its strength while also addressing, in part, some of its perceived weaknesses. Notably, our work is motivated by the high energy consumption for mining PoW, and we want to restrict the use of P...

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Bibliographic Details
Main Authors: Leif-Nissen Lundbæk, Daniel Janes Beutel, Michael Huth, Stephen Jackson, Laurence Kirk, Robert Steiner
Format: Article
Language:English
Published: The Royal Society 2018-01-01
Series:Royal Society Open Science
Subjects:
Online Access:https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.180422