Proof-of-Sovereignty (PoSv) as a Method to Achieve Distributed Consensus in Crypto-Currency Networks

In this paper, a method to implement K-Y protocol using Distributed Consensus is discussed. Firstly, the various available methods are discussed. Then, Proof - Of - Sovereignty (PoSv) is proposed. Its mechanism is deliberated and its advantages are described vis-a-vis other methods of distributed consensus. Finally a summary of all the procedures involved in 'NationCoin Mining' is explained.

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Year of publication:	2016-09-01
Authors:	Hegadekatti, Kartik ; S G, Yatish

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Hegadekatti, Kartik and S G, Yatish (2016): Proof-of-Sovereignty (PoSv) as a Method to Achieve Distributed Consensus in Crypto-Currency Networks. Published in: Development of Innovation eJournal , Vol. 4, No. 45 (27 September 2016)
Classification:	A12 - Relation of Economics to Other Disciplines ; C60 - Mathematical Methods and Programming. General ; C80 - Data Collection and Data Estimation Methodology; Computer Programs. General ; E51 - Money Supply; Credit; Money Multipliers ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; F33 - International Monetary Arrangements and Institutions ; G18 - Government Policy and Regulation ; L86 - Information and Internet Services; Computer Software ; N40 - Government, War, Law, and Regulation. General, International, or Comparative ; O38 - Government Policy
Source:	BASE

Persistent link: https://www.econbiz.de/10015257868