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Forking-Free Hybrid Consensus with Generalized Proof-of-Activity
Blockchain Consensus Cryptocurrency
2017/5/2
Bitcoin and its underlying blockchain mechanism have been attracting much attention. One of their core innovations, Proof-of-Work (PoW), is notoriously inefficient and potentially motivates a centrali...
Proof of Activity: Extending Bitcoin’s Proof of Work via Proof of Stake
Bitcoin Proof of Work Proof of Stake
2016/1/9
We propose a new protocol for a cryptocurrency, that builds upon the Bitcoin protocol by combining
its Proof of Work component with a Proof of Stake type of system. Our Proof of Activity (PoA) protoc...