A Method for Stable Block Generation Time in Proof of Work
Naoki Torii, Masato Kitakami · 2019
Proof of Work, which is one of consensus algorithms in cryptocurrency, is used to decide the block creator for blockchain. The generation interval is unstable and a large delay often occurs. This paper proposes a method to stabilize block generation time by dividing blockchain. Computer simulations say that when applied to Bitcoin and Monacoin, the proposed method can reduce the block generation time to 1/4 and 1/9 respectively.