Proof-of-randomness protocol for blockchain consensus: a case of Macau algorithms
Fuente:
arXiv
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| Autores principales: | , |
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| Formato: | Preprint |
| Publicado: |
2022
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| Materias: | |
| Acceso en línea: | |
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| _version_ | 1866910828940230656 |
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| author | Zhang, Wen-Zhuo Kai, Victor |
| author_facet | Zhang, Wen-Zhuo Kai, Victor |
| contents | A proof-of-randomness (PoR) protocol is presented as a fair and low energy-cost consensus mechanism for blockchains. Each network node of a blockchain may use a true random number generator (TRNG) and hash algorism to fulfil the PoR protocol. In this paper, we give the consensus mechanism of the PoR protocol, and classify it into a new kind of randomized algorithms called Macau. The PoR protocol could generate a blockchain without any competition of computing power or stake of cryptocurrency. Besides, we give some advantages of integrating quantum random number generator (QRNG) chips into hardware wallets, and also discuss the way to cooperate with quantum key distribution (QKD) technology. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2211_15417 |
| institution | arXiv |
| publishDate | 2022 |
| record_format | arxiv |
| spellingShingle | Proof-of-randomness protocol for blockchain consensus: a case of Macau algorithms Zhang, Wen-Zhuo Kai, Victor Cryptography and Security Computer Science and Game Theory A proof-of-randomness (PoR) protocol is presented as a fair and low energy-cost consensus mechanism for blockchains. Each network node of a blockchain may use a true random number generator (TRNG) and hash algorism to fulfil the PoR protocol. In this paper, we give the consensus mechanism of the PoR protocol, and classify it into a new kind of randomized algorithms called Macau. The PoR protocol could generate a blockchain without any competition of computing power or stake of cryptocurrency. Besides, we give some advantages of integrating quantum random number generator (QRNG) chips into hardware wallets, and also discuss the way to cooperate with quantum key distribution (QKD) technology. |
| title | Proof-of-randomness protocol for blockchain consensus: a case of Macau algorithms |
| topic | Cryptography and Security Computer Science and Game Theory |
| url | https://arxiv.org/abs/2211.15417 |