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December 8, 2014ACM SIGMETRICS Performance Evaluation Review590 citations

Proof of Activity

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IBIddo BentovCLCharles LeeAMAlex Mizrahi

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Abstract

We propose a new protocol for a cryptocurrency, that builds upon the Bitcoin protocol by combining its Proof of Work component with a Proof of Stake type of system. Our Proof of Activity protocol offers good security against possibly practical attacks on Bitcoin, and has a relatively low penalty in terms of network communication and storage space.

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Cite This Study

Bentov et al. (2014) studied this question.

synapsesocial.com/papers/6a0fbee658ed9fc001fca7c6https://doi.org/10.1145/2695533.2695545
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