Proof-of-Stake Algorithmic Methods: A Comparative Summary

8 Pages Posted: 7 Mar 2018

See all articles by Usman W. Chohan

Usman W. Chohan

University of New South Wales (UNSW), UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security (CAS)

Date Written: February 28, 2018

Abstract

This discussion paper constitutes a summary enumeration of the merits of proof-of-stake (PoS) algorithmic designs in cryptocurrencies, particularly in contrast to proof-of-work (PoW) and proof-of-research (PoR) designs, and this in turn raises questions about the suitable choices of cryptocurrency protocols from maintenance, network, and environmental perspectives.

Keywords: Bitcoin, Proof-of-Stake, Proof-of-Research, Mining, Proof-of-Work, Cryptocurrencies, Blockchain

Suggested Citation

Chohan, Usman W., Proof-of-Stake Algorithmic Methods: A Comparative Summary (February 28, 2018). Available at SSRN: https://ssrn.com/abstract=3131897 or http://dx.doi.org/10.2139/ssrn.3131897

Usman W. Chohan (Contact Author)

University of New South Wales (UNSW), UNSW Business School ( email )

Sydney, New South Wales
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Islamabad
Pakistan

Centre for Aerospace & Security (CAS) ( email )

Rawalpindi
Pakistan

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