Block chain hybrid consensus method

Abstract

The invention discloses a block chain hybrid consensus method. The method comprises: an agent miner registering an entrusting account; the shareholder locking a part of or all the assets of the shareholder as an entrusting shareholder and authorizing the entrusting shareholder to an entrusting account of an agent miner; after the proxy miner obtains the entrusting stock right N1 blocks authorizedby the stock owner, performing mining in a POW mode; and after mining succeeds, issuing the POW income to the agent miner, and issuing the POS income to the shareholder. According to the method, the decentralized agent miner accepts the commission of the shareholder, and income is issued to the shareholder. The competitive power of the proxy miner can be improved through the entrusting stock rightentrusting the proxy miner by the stock owner. The advantages of POW, POS and other consensus methods are organically combined, the problems of computing power or stock right monopoly and the like are effectively avoided through the mode that the stock right is combined with computing power for comprehensive competition, and the respective defects of the POW, POS and other consensus methods are overcome.

Description

technical field [0001] The invention belongs to the technical field of block chains, and in particular relates to a hybrid consensus method of block chains. Background technique [0002] POW has been running in the Bitcoin system for 10 years and has gone through the test of time. It is currently the most secure and stable consensus algorithm. However, since most of the computing power is in the hands of several large mining pools in recent years, the industry is increasingly concerned about the monopoly of computing power by large mining pools. In addition, POW also has the following problems: [0003] (1) The huge consumption of resources has aroused criticism from environmentalists; [0004] (2) Very low TPS (that is, the transaction volume processed per second, Transactions Per Second, TPS); [0005] (3) Excluding most people from mining leads to very low participation, which deviates from the design goal of decentralization. [0006] In order to solve these problems...

AI Technical Summary

Problems solved by technology

[0005] (3) Excluding most people from mining leads to very low participation, which deviates from the design goal of decentralization

However, the problem with DPOS is that its agents are relatively fixed, which creates a tendency towards oligopoly. It can be regarded as a multi-centralized system, and the degree of centralization is much higher than that of POW and POS.

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