Looking for stability in proof-of-stake based consensus mechanisms

The Proof-of-Stake (PoS) consensus algorithm has been criticized in the literature and in several cryptocurrency communities, due to the so-called compounding effect: who is richer has more coins to stake, therefore a higher probability of being selected as a block validator and obtaining the corres...

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Bibliographic Details
Main Authors: Alberto Leporati, Lorenzo Rovida
Format: Article
Language:English
Published: Elsevier 2024-12-01
Series:Blockchain: Research and Applications
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Online Access:http://www.sciencedirect.com/science/article/pii/S2096720924000356
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