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  • #166

Closed
Open
Created May 02, 2018 by Artem B@artemOwner

Alternative consensus mechanism implementation (PoS)

Motivation

Crown proof-of-work mining distribution caused the project many issues in the past including unintentional hard-fork (the report is available here: https://goo.gl/Whjgx4), difficulty jumps, release delays, uncertainty and security issues. Strictly speaking, current distribution makes Crown vulnerable and gives the power to create forks and double-spends to the controlling miner. image

Suggestion

While the Crown consensus layer is still in research stage, PoS looks like a viable solution. It has multiple advantages comparing to PoW, including that network control will be distributed between shareholders.
Though the team is considering to implement non-classic PoS as a first step to the Crown consensus layer implementation.

Edited May 02, 2018 by Artem B
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