Welcome to the resource topic for 2018/197
Title:
Green Mining: toward a less energetic impact of cryptocurrencies
Authors: Philippe Jacquet, Bernard Mans
Abstract:While cryptocurrencies continue to gain popularity, their energy cost is increasingly becoming unsustainable. In this paper, we present an innovative scheme which eliminates the burden of the proof of work which is the main cause of the energy waste in cryptocurrencies such as Bitcoin. The scheme is based on a green leader election scheme which guarantees a bounded average number of simultaneous mining whatever the size of the population in competition.
ePrint: https://eprint.iacr.org/2018/197
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