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arxiv: 1708.09419 · v2 · pith:XWPFIUCWnew · submitted 2017-08-30 · 💻 cs.DC · cs.CR

Proposal for a fully decentralized blockchain and proof-of-work algorithm for solving NP-complete problems

classification 💻 cs.DC cs.CR
keywords blockchainalgorithmfullynp-completeproblemsproof-of-workapplicationscomputational
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We propose a proof-of-work algorithm that rewards blockchain miners for using computational resources to solve NP-complete puzzles. The resulting blockchain will publicly store and improve solutions to problems with real world applications while maintaining a secure and fully functional transaction ledger.

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