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Cryptocurrencies without Proof of Work

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arxiv 1406.5694 v9 pith:VWGV2UKG submitted 2014-06-22 cs.CR

Iddo Bentov , Ariel Gabizon , Alex Mizrahi This is my paper · ORCID
classification cs.CR
keywords protocolsproofexistingstakeamountanalysisarguecommonly
verification ladder T0 review T1 audit T2 compute T3 formal
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We study decentralized cryptocurrency protocols in which the participants do not deplete physical scarce resources. Such protocols commonly rely on Proof of Stake, i.e., on mechanisms that extend voting power to the stakeholders of the system. We offer analysis of existing protocols that have a substantial amount of popularity. We then present our novel pure Proof of Stake protocols, and argue that they help in mitigating problems that the existing protocols exhibit.

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Cited by 1 Pith paper

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  1. From Permissioned to Proof-of-Stake Consensus

    cs.CR 2025-06 conditional novelty 8.0 of 10

    A generic compiler transforms any permissioned consensus protocol into a proof-of-stake permissionless protocol with the same fault tolerance, plus accountability.

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