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    GaiaWorld: A Novel Blockchain System Based on Competitive PoS Consensus Mechanism

    Rui Song1, Yubo Song1,*, Ziming Liu2, Min Tang2, Kan Zhou3

    CMC-Computers, Materials & Continua, Vol.60, No.3, pp. 973-987, 2019, DOI:10.32604/cmc.2019.06035

    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.
    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… More >

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