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A New Consensus Protocol for Blockchain Interoperability Architecture

delete2020-01-01
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Yan Pang *
DOI:10.1109/ACCESS.2020.3017549delete
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摘要

摘要

En 中文
Blockchain is widely recognized as a potential disruptive technology that has gained much popularity recently. Despite many promising results, the current blockchain landscape is fragmented, in which many blockchain systems exist in silos. Interoperability becomes a critical functionality to facilitate broad blockchain adoption and starts to attract attention in both industry and academia research. In this paper, we propose a new consensus protocol, Multi-tokens Proof of Stake (MPoS), for blockchain interoperability architecture. The MPoS protocol is able to strengthen the token network effects in a cross-chain ecosystem and grow the user base of blockchain systems dramatically. We also provide an analytical model to analyze and prove that the MPoS protocol can offer better security than traditional single-token PoS consensus protocols.
Keyword:
Blockchain
interoperability
cross-chain
consensus protocol
Proof of Stake (PoS)
tokens
cryptocurrency
token network effects
bootstrapping
security
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IEEE Access
IF:
3.6
论文数:
9.8W
被引数:
29.4W

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National University of Singapore
学者数:
7.6W
论文数: 6.5W
被引数: 11.4W
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