The Metaverse Consensus Mechanism
Metaverse public Blockchain system will introduce a consensus mechanism, which integrates POW (Proof of Work) and POS (Proof of Stake). Metaverse will adopt GPU mining planning in order to safeguard the whole public Blockchain network at an early stage, with the aim of avoiding 51% of Sybil attack. Considering the shortcomings in the POW consensus mechanism, which include resource wasting, computing power centralization and low efficiency, Metaverse may switch to POS consensus mechanism in the later stages. DPOS (Delegated Proof of Stake) is one of the most common consensus mechanisms of POS. In the initial Bitcoin system, token holders were about to pick out nodes for account keeping. However, the disadvantage of this system is that a large amount of votes are available at a low cost. The Metaverse public Blockchain plans to improve the voting mechanism. The proportion of votes in each node is not only decided by the number of tokens but also the duration of time that the tokens have been held for. As a result, voters need to hold enough tokens over a long period of time. This may be beneficial in lowering the number of malicious attacks.
