Name | DL | Torrents | Total Size | Cryptocurrency [edit] | 5 | 2.66MB | 79 | 0 | I [edit] | 20 | 171.79GB | 146 | 0 |
peercoin-paper.pdf | 41.97kB |
Type: Paper
Tags: Crypto, Currency, p2p, Peer to Peer, PPCoin, PeerCoin
Bibtex:
Tags: Crypto, Currency, p2p, Peer to Peer, PPCoin, PeerCoin
Bibtex:
@article{, title = {PPCoin: Peer-to-Peer Crypto-Currency with Proof-of-Stake}, journal = {}, author = {Sunny King, Scott Nadal}, year = {2012}, url = {http://www.peercoin.net/}, license = {}, abstract = {A peer-to-peer crypto-currency design derived from Satoshi Nakamoto's Bitcoin. Proof-of-stake replaces proof-of-work to provide most of the network security. Under this hybrid design proof-of-work mainly provides initial minting and is largely non-essential in the long run. Security level of the network is not dependent on energy consumption in the long term thus providing an energy efficient and more cost-competitive peer-to-peer crypto-currency. Proof-of-stake is based on coin age and generated by each node via a hashing scheme bearing similarity to Bitcoin's but over limited search space. Block chain history and transaction settlement are further protected by a centrally broadcasted checkpoint mechanism.} }