FruitChains: A Fair Bloc
- ckchain
FruitChains: A Fair Bloc ockchain Authors: Rafael Pass, Elaine Shi - - PowerPoint PPT Presentation
FruitChains: A Fair Bloc ockchain Authors: Rafael Pass, Elaine Shi presented by Han Zhang Nakamotos Blockchain A sequence of (mined) blocks = Assumption: Majority of the computing power is controlled by ( %& , , ,
puzzles
every block
&%N
N &%N =1, twice its fair share of the rewards
fraction of the blocks and thus rewards in any sufficiently long window
FruitChain
requires solving some proof of work
β%&; β_; Ξ·; πππππ‘π’(πΊ); π; , πΊ
far from the block which records the fruit
Step1: Block 1 Step 3: Fruit 1 hang from Block 1 Step 2: Block 2
fruit and a block
Block 10: block Block 11: fruit is pointed in πβπππ β π΅=10-2=8th block Block 12: block with πΊ Block 13: block Block 8