Please use this identifier to cite or link to this item: https://doi.org/10.1109/ACCESS.2020.3017549
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dc.titleA New Consensus Protocol for Blockchain Interoperability Architecture
dc.contributor.authorPang, Y.
dc.date.accessioned2021-08-17T08:47:20Z
dc.date.available2021-08-17T08:47:20Z
dc.date.issued2020
dc.identifier.citationPang, Y. (2020). A New Consensus Protocol for Blockchain Interoperability Architecture. IEEE Access 8 : 153719-153730. ScholarBank@NUS Repository. https://doi.org/10.1109/ACCESS.2020.3017549
dc.identifier.issn21693536
dc.identifier.urihttps://scholarbank.nus.edu.sg/handle/10635/197356
dc.description.abstractBlockchain is widely recognized as a potential disruptive technology that has gained much popularity recently. Despite many promising results, the current blockchain landscape is fragmented, in which many blockchain systems exist in silos. Interoperability becomes a critical functionality to facilitate broad blockchain adoption and starts to attract attention in both industry and academia research. In this paper, we propose a new consensus protocol, Multi-tokens Proof of Stake (MPoS), for blockchain interoperability architecture. The MPoS protocol is able to strengthen the token network effects in a cross-chain ecosystem and grow the user base of blockchain systems dramatically. We also provide an analytical model to analyze and prove that the MPoS protocol can offer better security than traditional single-token PoS consensus protocols. © 2013 IEEE.
dc.publisherInstitute of Electrical and Electronics Engineers Inc.
dc.sourceScopus OA2020
dc.subjectBlockchain
dc.subjectbootstrapping
dc.subjectconsensus protocol
dc.subjectcross-chain
dc.subjectcryptocurrency
dc.subjectinteroperability
dc.subjectProof of Stake (PoS)
dc.subjectsecurity
dc.subjecttoken network effects
dc.subjecttokens
dc.typeArticle
dc.contributor.departmentDEPT OF ANALYTICS & OPERATIONS
dc.description.doi10.1109/ACCESS.2020.3017549
dc.description.sourcetitleIEEE Access
dc.description.volume8
dc.description.page153719-153730
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