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| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Chamola, Vinay | - |
| dc.date.accessioned | 2023-03-20T05:41:32Z | - |
| dc.date.available | 2023-03-20T05:41:32Z | - |
| dc.date.issued | 2022-10 | - |
| dc.identifier.uri | https://ieeexplore.ieee.org/abstract/document/9916514 | - |
| dc.identifier.uri | http://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/9847 | - |
| dc.description.abstract | The popularity of Blockchain is rising on account of its far-reaching applications in diverse industries. However, recently, blockchain has seen a rise of energy extensive mining pools which is leading to centralization, contradicting the basic blockchain tenet of decentralization. This letter proposes a novel consensus algorithm using Proof of Majority (PoM), to increase decentralization and to eliminate resource-intensive tasks leading to a reduced carbon footprint. We have evaluated the proposed algorithm in terms of latency and throughput. The proposed consensus algorithm outperforms popular existing consensus algorithms. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | IEEE | en_US |
| dc.subject | EEE | en_US |
| dc.subject | Blockchains | en_US |
| dc.subject | Proof of majority | en_US |
| dc.subject | Decentralization | en_US |
| dc.subject | Consensus algorithm and peer-to-peer computing | en_US |
| dc.title | Novel Consensus Algorithm for Blockchain Using Proof-of-Majority (PoM) | en_US |
| dc.type | Article | en_US |
| Appears in Collections: | Department of Electrical and Electronics Engineering | |
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