Welcome to the resource topic for 2020/1176
Title:
Short Paper: PoSH Proof of Staked Hardware Consensus
Authors: Rami Khalil, Naranker Dulay
Abstract:This paper introduces the PoSH Consensus protocol, a novel work-in-progress construction for achieving Sybil-resistant Nakamoto-style probabilistic consensus on the contents of a cryptocurrency ledger in a permissionless decentralized network where parties stake their hardware’s computational power towards participation in leader election. PoSH aims to establish an openly mintable cryptocurrency that eliminates the requirement for block rewards and disincentivizes mining pools.
ePrint: https://eprint.iacr.org/2020/1176
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