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arXiv · 2008.10189

Fair Proof-of-Stake using VDF+VRF Consensus

José I. Orlicki
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Abstract

We propose a new Proof-of-Stake consensus protocol constructed with a verifiable random function (VRF) and a verifiable delay function (VDF) that has the following properties: a) all addresses with positive stake can participate; b) is fair because the coin stake is proportional to the distribution of rewards; c) is resistant to several classic blockchain attacks such as Sybil attacks, "Nothing-at-stake" attacks and "Winner-takes-all" attacks. We call it Vixify Consensus.

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José I. Orlicki. 2020-08-24. Fair Proof-of-Stake using VDF+VRF Consensus. https://arxiv.org/abs/2008.10189

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