This is the regular seminar of the Input Output and Tokyo Tech/Tanaka Laboratory members. The topic this time is the Proof-of-Stake Protocol designed by Aggelos Kiayias, Ioannis Konstantinou, Alexander Russel, Bernardo David and Roman Oliynykov.
Bernardo, the presenter, divided the talk in two parts: the first reviews main topics in Cryptography which would help the viewer to understand the presentation and the protocol itself. Whereas the second is about the protocol itself.
First Part - Cryptography background
- Commitments
- Coin Tossing/Guaranteed Output Delivery
- Verifiable Secret Sharing
Second Part - Proof-of-Stake Protocol
- Comparison Proof-of-Work (PoW) and Proof-of-Stake (PoS)
- Follow the Satoshi technique
- The protocol
The paper is A Provably Secure Proof-of-Stake Blockchain Protocol
