JOURNAL OF SHANDONG UNIVERSITY(NATURAL SCIENCE) ›› 2020, Vol. 55 ›› Issue (3): 43-50.doi: 10.6040/j.issn.1671-9352.2.2019.142

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A blockchain consensus mechanism based on voting rights competition

Yu-bo SONG1,2(),Shi-qi ZHANG1,2,Rui SONG1,2   

  1. 1. School of Cyber Science and Engineering, Jiangsu Key Laboratory of Computer Networking Technology, South East University, Nanjing 211189, Jiangsu, China
    2. Purple Mountain Laboratories, Nanjing 211189, Jiangsu, China
  • Received:2019-09-02 Online:2020-03-20 Published:2020-03-27

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Abstract:

Under the consensus mechanism in the blockchain system, all participants agreed on the issue of block ownership and the value of the transaction. Based on the new architecture design of the forging committee and the forging group system, a competition-based equity certification (CPoS) consensus mechanism is proposed, which can quickly remove the fork under the premise of ensuring decentralization. Through prototype experiments, the block and trading activities can be completed quickly with a small delay.

Key words: blockchain, consensus mechanism, proof of stake, forging commissioner

CLC Number: 

  • TP311

Fig.1

Forged group behavior under ideal conditions"

Fig.2

The forgeer with the second highest voting rights creates a new block"

Fig.3

Bifurcation is eliminated"

Fig.4

Side chain fork"

Fig.5

Cross-chain transaction specification"

Fig.6

Transaction confirmation time and block speed"

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