Abstract:
Hash-based Proof-of-Work (PoW) used in the Bitcoin Blockchain leads to high energy consumption and resource wastage. In this paper, we aim to re-purpose the energy by rep...Show MoreMetadata
Abstract:
Hash-based Proof-of-Work (PoW) used in the Bitcoin Blockchain leads to high energy consumption and resource wastage. In this paper, we aim to re-purpose the energy by replacing the hash function with real-life problems having commercial utility. We propose Chrisimos, a useful Proof-of-Work where miners are required to find a minimal dominating set for real-life graph instances. A miner who is able to output the smallest dominating set for the given graph within the block interval time wins the mining game. Thus our protocol also realizes a decentralized minimal dominating set solver for any graph instance.
Published in: 2023 IEEE 22nd International Conference on Trust, Security and Privacy in Computing and Communications (TrustCom)
Date of Conference: 01-03 November 2023
Date Added to IEEE Xplore: 29 May 2024
ISBN Information: