Current situation
As a countermeasure against Sybil attacks, only Proof of Work is used.
Problem
Because Proof of Work imposes computational requirements on stamp generation, the generation speed is limited. However, in BitClock, Proof of Work can be accelerated through parallel processing, making it impossible to impose sufficient limits. What is needed is a direct limit on the increase in the count.
Solution
Require the calculation of Verifiable Delay Function for stamp generation.
Current situation
As a countermeasure against Sybil attacks, only
Proof of Workis used.Problem
Because Proof of Work imposes computational requirements on stamp generation, the generation speed is limited. However, in BitClock, Proof of Work can be accelerated through parallel processing, making it impossible to impose sufficient limits. What is needed is a direct limit on the increase in the count.
Solution
Require the calculation of
Verifiable Delay Functionfor stamp generation.