RCANE: Semi-Centralized Network of Parallel Blockchain and APoS

Nguyen Van Toan, Ung Park, Geunwoong Ryu

研究成果: Conference contribution

抄録

Blockchain technology and its applications have played an important role to overcome challenges in numerous areas of the life. However, most current blockchain projects have concentrated on financial model by using existing platforms such as Bitcoin or Ethereum to generate tokens without the development of the technological features. Unfortunately, the decentralization has several challenges which cannot be adopted by our current political, economic and social systems. The fundamental technical problem of current blockchain algorithm is that 'performance inefficiency' could not be solved, in comparison with the central server system. In addition, the client software cannot establish conventions for making decisions about the future direction of the cryptocurrency. Furthermore, users' completed anonymity and the absence of a responsible person are also open problems of decentralization. To this end, this paper proposes an alternative method, dubbed RCANE which is semi-centralized network of parallel blockchain and APoS (Authorized Proof of Stake), whose purpose is to solve the above challenges of current blockchain and comply with our preconceived perspectives of the current political, social, and economic systems to build up an ecosystem for economy, society and politics. Several experiments are conducted to show the executability of RCANE Project.

本文言語English
ホスト出版物のタイトルProceedings - 2018 IEEE 24th International Conference on Parallel and Distributed Systems, ICPADS 2018
出版社IEEE Computer Society
ページ695-700
ページ数6
ISBN(電子版)9781538673089
DOI
出版ステータスPublished - 2019 2 19
外部発表はい
イベント24th IEEE International Conference on Parallel and Distributed Systems, ICPADS 2018 - Singapore, Singapore
継続期間: 2018 12 112018 12 13

出版物シリーズ

名前Proceedings of the International Conference on Parallel and Distributed Systems - ICPADS
2018-December
ISSN(印刷版)1521-9097

Conference

Conference24th IEEE International Conference on Parallel and Distributed Systems, ICPADS 2018
CountrySingapore
CitySingapore
Period18/12/1118/12/13

ASJC Scopus subject areas

  • Hardware and Architecture

フィンガープリント 「RCANE: Semi-Centralized Network of Parallel Blockchain and APoS」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル