Physical One‐Way Functions for Decentralized Consensus Via Proof of Physical Work

Physical One‐Way Functions for Decentralized Consensus Via Proof of Physical Work

Abstract Decentralized consensus on the state of the Bitcoin blockchain is ensured by proof of work. It relies on digital one‐way functions and is associated with an enormous environmental impact. This paper conceptualizes a physical one‐way function that aims to transform a digital, electricity‐con...

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Bibliographic Details
Main Authors: Marvin Winkler, Catharina Peither, Simon Petrick, Lothar Seidemann, Holger Jelich, Frank Kleine Jäger, Jörn Müller‐Quade, Alexander Colsmann, Hermann Nirschl, Frank Rhein
Format: Article
Language:English
Published: Wiley 2025-02-01
Series:Advanced Science
Subjects:
cryptography
decentralized consensus
physical one‐way function
proof of work
Online Access:https://doi.org/10.1002/advs.202409386
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https://doi.org/10.1002/advs.202409386

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