There is a newer version of this record available.

Journal article Open Access

Proof-of-vote, validators selected by people-vote

Johan Nygren

ABSTRACT: Proof-of-vote is a third generation of the Nakamoto consensus. With proof-of-vote, validators compete for people-votes, using proof-of-suffrage given by proof-of-person, and authorize transactions based on authority delegated by the consensus mechanism, just like proof-of-work or proof-of-stake. This logical conclusion of the Nakamoto consensus allows a “nation” of people to secure their own ledger, the equivalent of representative democracy for distributed ledger technology.

Files (79.8 kB)
Name Size
Proof-of-vote, validators selected by people-vote.pdf
md5:cf8ad00d5c6ec72c7376c53b75f02f54
79.8 kB Download
1,506
526
views
downloads
All versions This version
Views 1,506237
Downloads 526103
Data volume 98.9 MB8.2 MB
Unique views 1,287210
Unique downloads 45797

Share

Cite as