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SpaceMint: A Cryptocurrency Based on Proofs of Space

Georg Fuchsbauer 1
1 CASCADE - Construction and Analysis of Systems for Confidentiality and Authenticity of Data and Entities
DI-ENS - Département d'informatique de l'École normale supérieure, CNRS - Centre National de la Recherche Scientifique : UMR 8548, Inria de Paris
Abstract : We introduce SpaceMint, a cryptocurrency that replaces energy-intensive computation underlying most of today’s cryptocurrencies by “proof of space”. Once set up, SpaceMint consumes very little energy, which will motivate regular users to participate in the mining process thereby truly decentralizing control over the currency.
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https://hal.inria.fr/hal-01870067
Contributor : Georg Fuchsbauer <>
Submitted on : Friday, September 7, 2018 - 10:31:35 AM
Last modification on : Tuesday, September 22, 2020 - 3:52:13 AM

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  • HAL Id : hal-01870067, version 1

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Georg Fuchsbauer. SpaceMint: A Cryptocurrency Based on Proofs of Space. 2017, pp.13. ⟨hal-01870067⟩

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