An improved consensus mechanism for blockchain

Hong Guo, Hongqiang Zheng*, Kai Xu, Xiangrui Kong, Jing Liu, Fang Liu, Keke Gai

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

5 Citations (Scopus)

Abstract

When consistency and stability is becoming more and more important in network, blockchain is emerging as a potential solution for this challenge. The network is always the focus of the blockchain for it is the foundation of all the services. It is still a challenge on how to improve the performance of the network especially in the implementation of a real blockchain. In this paper, an improved network for blockchain is proposed to combine different blockchain networks together. It uses POU consensus mechanism to make the blockchain network environment better, which consists of Proof of Stake Entrance, Hash Net Verification and Delegated Parliament. This improved consensus mechanism is used in Unitary blockchain network. It can provide stable and credible network services for business and related requirements.

Original languageEnglish
Title of host publicationSmart Blockchain - 1st International Conference, SmartBlock 2018, Proceedings
EditorsMeikang Qiu
PublisherSpringer Verlag
Pages129-138
Number of pages10
ISBN (Print)9783030057633
DOIs
Publication statusPublished - 2018
Event1st International Conference on Smart Blockchain, SmartBlock 2018 - Tokyo, Japan
Duration: 10 Dec 201812 Dec 2018

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume11373 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference1st International Conference on Smart Blockchain, SmartBlock 2018
Country/TerritoryJapan
CityTokyo
Period10/12/1812/12/18

Keywords

  • Blockchain
  • Consensus mechanism
  • POU

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