A Probabilistic Analysis of the Nxt Forging Algorithm
We discuss the forging algorithm of Nxt from a probabilistic point of view, and obtain explicit formulas and estimates for several important quantities, such as the probability that an account generates a block, the length of the longest sequence of consecutive blocks generated by one account, and t...
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| Format: | Article |
| Language: | English |
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University Library System, University of Pittsburgh
2016-12-01
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| Series: | Ledger |
| Online Access: | https://ledgerjournal.org/ojs/index.php/ledger/article/view/46 |