Blockchain using Proof-of-Interaction
arXiv:2002.07763v11 citations
AI Analysis
This addresses energy consumption issues for blockchain users and developers, but appears incremental as it modifies an existing protocol rather than creating a new paradigm.
The paper tackles the problem of energy-intensive consensus in blockchain by introducing Proof-of-Interaction as a replacement for Proof-of-Work in Bitcoin, showing it can achieve similar security with reduced computational overhead.
This paper we define a new Puzzle called Proof-of-Interaction and we show how it can replace, in the Bitcoin protocol, the Proof-of-Work algorithm.