2022•Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, ChinaOpen access

Comparing Proof-of-Stake and Proof-of-Work Resource Consumption and Proof-of-Stake Improvements

Huirou Ma

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Abstract

Consensus algorithms are getting more and more attention. It can help the majority of nodes in the blockchain to agree on the determination of new blocks. Proof-of-Work is a relatively mature consensus algorithm, which plays an important role in improving the security of Bitcoin. In addition, Proof-

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Key concepts: Proof of concept, Proof-of-work system, Structural proof theory, Computer science, Proof theory, Proof complexity, Burden of proof, Work (physics)