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On Incentive Compatible Role-based Reward Distribution in Algorand
[article]
2019
arXiv
pre-print
Algorand is a recent, open-source public or permissionless blockchain system that employs a novel proof-of-stake byzantine consensus protocol to efficiently scale the distributed transaction agreement problem to billions of users. In addition to being more democratic and energy-efficient, compared to popular protocols such as Bitcoin, Algorand also touts a much high transaction throughput. This paper is the first attempt in the literature to study and address this problem. By carefully modeling
arXiv:1911.03356v1
fatcat:betwvz3nffekzk5pn5nxduzs7m