Blockchain Based on PoR Consensus Mechanism

Abstract

Using Bitcoin as a reference, we’ve created a new consensus mechanism named PoR (Proof of Rest). We built a blockchain with six core nodes for testing and simulated certain user transactions, which proved to be efficient. PoR is an asynchronous network that solves the massive waste of computing power in the Bitcoin system, but still retains the ability to resist forks. Compared with the PBFT consensus mechanism, the requirements for the network are also lower. But it would be a bit tricky when changing the total number of core nodes.