
@Article{cmc.2019.06035,
AUTHOR = {Rui  Song, Yubo  Song, Ziming  Liu, Min  Tang, Kan  Zhou},
TITLE = {GaiaWorld: A Novel Blockchain System Based on Competitive PoS Consensus Mechanism},
JOURNAL = {Computers, Materials \& Continua},
VOLUME = {60},
YEAR = {2019},
NUMBER = {3},
PAGES = {973--987},
URL = {http://www.techscience.com/cmc/v60n3/23074},
ISSN = {1546-2226},
ABSTRACT = {The birth of blockchain has promoted the development of electronic currencies such as Bitcoin and Ethereum. Blockchain builds a financial system based on cryptology instead of credit, which allows parties to complete the transaction on their own without the need for credible third-party intermediaries. So far, the application scenario of blockchain is mainly confined to the peer-to-peer electronic financial system, which obviously does not fully utilize the potential of blockchain. <br/> 
In this paper, we introduce GaiaWorld, a new system for decentralized application. To solve the problem of resource waste and mismatch between nodes and computing power in traditional PoW mechanism, GaiaWorld introduces a new consensus mechanism called CPoS, which can improve productivity and liquidity of blockchain system. GaiaWorld constructs a new architecture based on forging committee and forging group systems, which can establish a decentralized, free and stable internet trust system, and can be utilized in multiple application scenarios and construct efficient and reliable content delivery systems.},
DOI = {10.32604/cmc.2019.06035}
}



