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Poster: Task Difficulty Adjustment in the Energy-Recycling Consensus Mechanism

  • Hao Zeng
  • , Man Li
  • , Helei Cui*
  • , Yuefeng Du
  • , Zhiwen Yu
  • , Bin Guo
  • *Corresponding author for this work

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

Abstract

An increasing number of energy-recycling consensus mechanisms are being employed to address the drawback of proof of work (PoW) wasting computation and energy. For instance, the computing power wasted in solving difficult but meaningless PoW puzzles is used to conduct practical federated learning tasks and train deep learning models. However, there remains a neglected issue of task difficulty adjustment. To address this problem, we propose a method for measuring task difficulty and an algorithm for adjustment to achieve controlled minting and stable transaction processing capacity for cryptocurrency based on energy-recycling consensus mechanisms. Our research evaluates the effectiveness of this algorithm and highlights the potential benefits of this approach. © 2023 IEEE.
Original languageEnglish
Title of host publicationProceedings - 2023 IEEE 43rd International Conference on Distributed Computing Systems
Subtitle of host publicationICDCS 2023
PublisherIEEE
Pages1069-1070
ISBN (Electronic)9798350339864
ISBN (Print)979-8-3503-3987-1
DOIs
Publication statusPublished - 2023
Event43rd IEEE International Conference on Distributed Computing Systems (ICDCS 2023) - Sheraton Hong Kong & Towers, Hong Kong, China
Duration: 18 Jul 202321 Jul 2023
https://icdcs2023.icdcs.org/
https://ieeexplore.ieee.org/xpl/conhome/1000213/all-proceedings

Publication series

NameProceedings - International Conference on Distributed Computing Systems
ISSN (Print)1063-6927
ISSN (Electronic)2575-8411

Conference

Conference43rd IEEE International Conference on Distributed Computing Systems (ICDCS 2023)
PlaceHong Kong, China
Period18/07/2321/07/23
Internet address

Research Keywords

  • blockchain
  • consensus mechanism
  • federated learning
  • proof of learning

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