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108 result(s) for "Proof-of-Work"
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A Survey on Blockchain Consensus with a Performance Comparison of PoW, PoS and Pure PoS
Blockchain technology started as the backbone for cryptocurriencies and it has emerged as one of the most interesting technologies of the last decade. It is a new paradigm able to modify the way how industries transact. Today, the industries’ concern is about their ability to handle a high volume of data transactions per second while preserving both decentralization and security. Both decentralization and security are guaranteed by the mathematical strength of cryptographic primitives. There are two main approaches to achieve consensus: the Proof-of-Work based blockchains—PoW—and the Proof-of-Stake—PoS. Both of them come with some pros and drawbacks, but both rely on cryptography. In this survey, we present a review of the main consensus procedures, including the new consensus proposed by Algorand: Pure Proof-of-Stake—Pure PoS. In this article, we provide a framework to compare the performances of PoW, PoS and the Pure PoS, based on throughput and scalability.
Coin.AI: A Proof-of-Useful-Work Scheme for Blockchain-Based Distributed Deep Learning
One decade ago, Bitcoin was introduced, becoming the first cryptocurrency and establishing the concept of “blockchain” as a distributed ledger. As of today, there are many different implementations of cryptocurrencies working over a blockchain, with different approaches and philosophies. However, many of them share one common feature: they require proof-of-work to support the generation of blocks (mining) and, eventually, the generation of money. This proof-of-work scheme often consists in the resolution of a cryptography problem, most commonly breaking a hash value, which can only be achieved through brute-force. The main drawback of proof-of-work is that it requires ridiculously large amounts of energy which do not have any useful outcome beyond supporting the currency. In this paper, we present a theoretical proposal that introduces a proof-of-useful-work scheme to support a cryptocurrency running over a blockchain, which we named Coin.AI. In this system, the mining scheme requires training deep learning models, and a block is only mined when the performance of such model exceeds a threshold. The distributed system allows for nodes to verify the models delivered by miners in an easy way (certainly much more efficiently than the mining process itself), determining when a block is to be generated. Additionally, this paper presents a proof-of-storage scheme for rewarding users that provide storage for the deep learning models, as well as a theoretical dissertation on how the mechanics of the system could be articulated with the ultimate goal of democratizing access to artificial intelligence.
Smart Contract-Enabled Secure Sharing of Health Data for a Mobile Cloud-Based E-Health System
Healthcare comprises the largest revenue and data boom markets. Sharing knowledge about healthcare is crucial for research that can help healthcare providers and patients. Several cloud-based applications have been suggested for data sharing in healthcare. However, the trustworthiness of third-party cloud providers remains unclear. The third-party dependency problem was resolved using blockchain technology. The primary objective of this growth was to replace the distributed system with a centralized one. Therefore, security is a critical requirement for protecting health records. Efforts have been made to implement blockchain technology to improve the security of this sensitive material. However, existing methods depend primarily on information obtained from medical examinations. Furthermore, they are ineffective for sharing continuously produced data streams from sensors and other monitoring devices. We propose a trustworthy access control system that uses smart contracts to achieve greater security while sharing electronic health records among various patients and healthcare providers. Our concept offers an active resolution for secure data sharing in mobility computing while protecting personal health information from potential risks. In assessing existing data sharing models, the framework valuation and protection approach recognizes increases in the practicality of lightweight access control architecture, low network expectancy, and significant levels of security and data concealment.
Evolution of blockchain consensus algorithms: a review on the latest milestones of blockchain consensus algorithms
Blockchain technology has gained widespread adoption in recent years due to its ability to enable secure and transparent record-keeping and data transfer. A critical aspect of blockchain technology is the use of consensus algorithms, which allow distributed nodes in the network to agree on the state of the blockchain. In this review paper, we examine various consensus algorithms that are used in blockchain systems, including proof-of-work, proof-of-stake, and hybrid approaches. We go over the trade-offs and factors to think about when choosing a consensus algorithm, such as energy efficiency, decentralization, and security. We also look at the strengths and weaknesses of each algorithm as well as their potential impact on the scalability and adoption of blockchain technology.
A Blockchain-based Secure and Privacy-Preserving Healthcare Data Management Framework with SHA-256 and PoW Consensus
Healthcare systems handle a vast amount of sensitive patient data, making privacy and security crucial concerns. As digital health technologies expand, ensuring accurate and secure data storage becomes increasingly important. However, the frequent exchange of medical information poses risks of unauthorized access and data breaches, complicating secure data sharing. Moreover, many blockchain-based healthcare solutions face challenges related to performance inefficiencies and insufficient privacy safeguards. To overcome these limitations, we introduce a blockchain-powered system designed to enhance privacy protection, secure data sharing, and reliable storage in healthcare environments. Our methodology integrates an access control mechanism using SHA-256 for data integrity, RSA and ECDSA for transaction signatures, and a Proof-of-Work (PoW) consensus mechanism to ensure decentralized trust and scalability. The system employs cryptographic key management with RSA-generated public-private key pairs to secure data access and prevent unauthorized modifications. Experimental results demonstrate that the proposed system achieves an average transaction latency of 15.3 ms for 10 transactions on a single node, with a data integrity success rate of 100% across all tested scenarios. Comparative evaluations against state-of-theart frameworks show our system reduces latency by 39% while maintaining robust security. Additionally, performance analysis highlights the system’s ability to maintain low computational overhead, with transaction times ranging from 25.2 ms to 157.4 ms for 1 to 15 transactions across multiple nodes, ensuring efficient processing in real-world healthcare settings.
ECCPoW: Error-Correction Code based Proof-of-Work for ASIC Resistance
Bitcoin is the first cryptocurrency to participate in a network and receive compensation for online remittance and mining without any intervention from a third party, such as financial institutions. Bitcoin mining is done through proof of work (PoW). Given its characteristics, the higher hash rate results in a higher probability of mining, leading to the emergence of a mining pool, called a mining organization. Unlike central processing units or graphics processing units, high-cost application-specific integrated circuit miners have emerged with performance efficiency. The problem is that the obtained hash rate exposes Bitcoin’s mining monopoly and causes the risk of a double-payment attack. To solve this problem, we propose the error-correction code PoW (ECCPoW), combining the low-density parity-check decoder and hash function. The ECCPoW contributes to the phenomenon of symmetry in the proof of work (PoW) blockchain. This paper proposes the implementation of ECCPoW, replacing the PoW in Bitcoin. Finally, we compare the mining centralization, security, and scalability of ECCPoW and Bitcoin.
Assessing Blockchain's Role in Healthcare Security: A Comprehensive Review
Blockchain, a breakthrough technology, offers solutions to several healthcare challenges, includes Managing and sharing data securely, Making different systems work together seamlessly, Increasing transparency in the supply chain, Giving patients more control over their health information, and  Adhering to regulations and guidelines. This paper offers an in-depth study of current literature on blockchain in healthcare. It covers areas that have been investigated, studied and implemented by previous research, provides valuable insights, and introduces practical suggestions. Research findings indicate that blockchain has the capacity to improve data security, privacy, and immutability. It can also facilitate effortless data sharing among different parties involved, enhance transparency in pharmaceutical supply chains, empower patients in managing their health information, and address regulatory concerns. The results of this study recommends Healthcare organizations to consider implementing secure transaction protocols to ensure the confidentiality and integrity of their data. Also to explore the use of Hyperledger Fabric architecture, a blockchain framework specifically designed for enterprise applications, Implementation of Secure Transaction Protocols, Utilization of Blockchain for Data Sharing, Adoption of Lightweight Consensus Protocols. By leveraging blockchain technology, healthcare businesses may securely share data with other trusted parties, improving interoperability and data exchange. Additionally, adopting lightweight consensus methods can help streamline decision-making processes within the organization. Future research shall involve the integration of blockchain technology with artificial intelligence and data analytics, the establishment of decentralized parallel healthcare organizations, the integration of blockchain with cloud computing, and the resolution of regulatory and standards difficulties
Decentralized energy optimization using blockchain with battery storage and electric vehicle networks
The research is aimed at filling the gap regarding the development of long-lasting, secure technologies that help build decentralized systems. Other consensus models, such as the Proof of Work (PoW), prevailing in cryptocurrencies, are known to be expensive in terms of energy, hence the development of enlightened models like Proof of Lightweight Hash, whereby while developing the model, an emphasis is placed on energy efficiency without compromising on security. At the same time, new technologies such as battery storage and electric vehicles are disrupting consumer habits where renewable energy is favored, and a decentralized energy market is promoted. It hails the aspect of fine access control provided by blockchain in addition to decentralization; a permission system is vital for any entities that require strict access control due to the nature of the data they hold. Blockchain in IoT and AI makes strategies innovative, adaptable, large-scale, and inclusive to make unique changes that benefit different industries and need scalability. Due to this combining of energy innovations and digital technologies, both energy and data networks become nearer to consumers, advocating sustainable, efficient urbanism. Altogether, these improvements will lead toward the emergence of systems that, aside from being technologically innovative, are also environmentally sustainable and protected. So the interaction of technology, ecological stability, and viable security provides the basis for a cleaner, stronger, de-centralized future as applied to advanced technologies, thus inculcating an equilibrium and stronger society.
Secure data transmission in power systems using blockchain technology
Recent advances in intelligent systems have significantly improved power management, load distribution, and resource management capabilities, far beyond past constraints. Despite these gains, the development of internet-connected technology has brought various vulnerabilities, leading to negative results. The integration of intelligent technology has unintentionally offered chances for hackers to enter networks and modify data sent to central systems for analysis. One of the most serious risks is the false data injection attack (FDIA), which may drastically impair analytical outcomes. Previous research has shown that standard approaches for recovering data affected by FDIA are unreliable and inefficient. This paper investigates the use of the proof of stake (PoS) consensus method in this framework improves data integrity and makes it easier to identify illegal changes. Participating nodes may reject or change block transactions, ensuring the ledger's correctness. Our results show that the PoS consensus method is exceptionally successful in creating and adding transactions to the blockchain. Furthermore, the PoS mechanism's simplicity in block formation enhances both time and energy efficiency, resulting in considerable benefits in operational performance.