We lay the foundations for a blockchain scheme, whose consensus is reached via a proof-of-work algorithm based on the solution of consecutive discrete logarithm problems over the point group of elliptic curves. In the considered architecture, the curves are pseudorandomly determined by block creators, chosen to be cryptographically secure and changed at every epoch. Given the current state of the chain and a prescribed set of transactions, the curve selection is fully rigid, therefore trust is needed neither in miners nor in the scheme proposers.

A Note on an ECDLP-based PoW Model

Alessio Meneghetti;
2020-01-01

Abstract

We lay the foundations for a blockchain scheme, whose consensus is reached via a proof-of-work algorithm based on the solution of consecutive discrete logarithm problems over the point group of elliptic curves. In the considered architecture, the curves are pseudorandomly determined by block creators, chosen to be cryptographically secure and changed at every epoch. Given the current state of the chain and a prescribed set of transactions, the curve selection is fully rigid, therefore trust is needed neither in miners nor in the scheme proposers.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11586/554500
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