Cryptocurrencies Without Proof of Work
نویسندگان
چکیده
We study cryptocurrency protocols that do not make use of Proof of Work. Such protocols commonly rely on Proof of Stake, i.e. on mechanisms that extend voting power to the stakeholders of the system. We offer analysis of existing protocols that have a substantial amount of popularity. We then present our novel pure Proof of Stake protocols, and argue that the they help in mitigating problems that the existing protocols suffer from.
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