Research Area:  Blockchain Technology

Abstract:

The consensus is a more important part of the block chain. DPoS(Delegated Proof of Stake), one of the mainstream consensus, solves the problem of the waste of power and centralization of PoW(Proof of Work) and PoS(Proof of Stake). However, there is still a problem that the node voting is not active and the voting reference is not sufficient. In response to these problems, this paper proposes a new reward method and an additional reference basis. It aims to enhance the enthusiasm of the node voting by increasing the reward for the node. Combining the attribute values of the nodes in the side chain enables the nodes to have a richer reference basis that can be selected by self-judgment when voting. Experiments show that the extra reward mechanism can bring more rewards to actively participate in voting nodes and increase the enthusiasm of node voting.

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Author(s) Name:  Wang Zhang , Yunsheng Ge

Publisher name:  ACM

DOI:  10.1145/3378065.3378132

Volume Information:  

Paper Link:   https://dl.acm.org/doi/abs/10.1145/3378065.3378132