Proof-of-Work (for Sybil resistance)

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instanceOf gptkb:algorithm
Sybil resistance mechanism
gptkbp:alternativeTo gptkb:Proof-of-Stake
Proof-of-Authority
gptkbp:assumes majority of computational power is honest
gptkbp:award transaction fees
block reward
gptkbp:category Byzantine fault tolerance
blockchain security
gptkbp:criticizedFor environmental impact
high energy consumption
gptkbp:difficultyAdjustment periodically updated
gptkbp:enables decentralized consensus
gptkbp:example gptkb:Ethash
gptkb:SHA-256
gptkb:Scrypt
https://www.w3.org/2000/01/rdf-schema#label Proof-of-Work (for Sybil resistance)
gptkbp:influenced gptkb:cryptocurrency
cryptocurrency design
gptkbp:influencedBy gptkb:Hashcash
Dwork-Naor proof-of-work
gptkbp:mechanismOfAction miners solve cryptographic puzzles
gptkbp:notableFor gptkb:Bitcoin
gptkb:Ethereum_(pre-merge)
gptkb:Dogecoin
gptkb:Litecoin
gptkb:Monero
gptkb:Zcash
gptkbp:popularizedBy gptkb:Satoshi_Nakamoto
gptkb:Bitcoin_whitepaper
gptkbp:prevention Sybil attacks
double-spending
gptkbp:proposedBy gptkb:Cynthia_Dwork
gptkb:Moni_Naor
1993
gptkbp:purpose achieve consensus
prevent Sybil attacks
gptkbp:relatedTo gptkb:Hashcash
gptkb:Proof-of-Stake
gptkb:Cuckoo_Cycle
gptkbp:requires hash functions
computational work
nonce discovery
gptkbp:usedFor gptkb:cryptocurrency
email anti-spam
spam prevention
distributed ledgers
gptkbp:usedIn gptkb:Bitcoin
gptkb:Ethereum_(pre-merge)
gptkb:Litecoin
gptkbp:vulnerableTo gptkb:51%_attack
gptkbp:bfsParent gptkb:Zilliqa_Blockchain
gptkbp:bfsLayer 6