MistyWest
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MistyWest

Timelock Puzzles Using VDFs

Written by Ryan Walker

Proof of work is the traditional method of forming consensus on a distributed network; it relies on an arbitrary set of decentralized nodes which are all solving similar hashing puzzles. Unfortunately, PoW has a non negligible carbon footprint and as a response, researchers have been building alternate consensus mechanisms. Each technique aims to bring the same level of security while…

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