A Fair Blockchain Based on Proof of Credit
Han X(韩璇)2,3; Yuan Yong2,3; Wang Fei-Yue1,3
刊名IEEE Transactions on Computational Social Systems
2019
卷号6期号:5页码:922-931
关键词Blockchain proof of stake proof of credit consensus protocol hybrid incentive mechanism
英文摘要

Proof of work and proof of stake are commonly used in the current permissionless blockchains. These consensus protocols can be abstracted into a random process of selecting a node for accounting in a blockchain ledger. However, they are generally faced with resource consumption and vulnerability issues. We present PoC, a fair blockchain protocol based on proof of credit blockchain protocol. It is a special proof of stake protocol where the credit is a special kind of stake quantifying whether the nodes activity is beneficial to the system. Any nodes cannot change their credits arbitrarily. We demonstrate that our PoC protocol satisfies the security properties, including common prefix, chain quality and chain growth, under the assumption that the total credit the honest held is majority. Besides, we propose a self-audit mechanism and a hybrid incentive mechanism to enhance the security and stability. Finally, we explain that how the PoC protocol resist the double spending attacks and the selfish mining attacks.

语种英语
内容类型期刊论文
源URL[http://ir.ia.ac.cn/handle/173211/28341]  
专题自动化研究所_复杂系统管理与控制国家重点实验室_先进控制与自动化团队
通讯作者Yuan Yong
作者单位1.Research Center of Military Computational Experiments
2.Qingdao Academy of Intelligent Industries
3.The State Key Laboratory for Management and Control of Complex Systems, Institute of Automation, Chinese Academy of Sciences
推荐引用方式
GB/T 7714
Han X,Yuan Yong,Wang Fei-Yue. A Fair Blockchain Based on Proof of Credit[J]. IEEE Transactions on Computational Social Systems,2019,6(5):922-931.
APA Han X,Yuan Yong,&Wang Fei-Yue.(2019).A Fair Blockchain Based on Proof of Credit.IEEE Transactions on Computational Social Systems,6(5),922-931.
MLA Han X,et al."A Fair Blockchain Based on Proof of Credit".IEEE Transactions on Computational Social Systems 6.5(2019):922-931.
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