Proof of Useful Intelligence (PoUI): Blockchain Consensus Beyond Energy Waste
- URL: http://arxiv.org/abs/2504.17539v1
- Date: Thu, 24 Apr 2025 13:32:03 GMT
- Title: Proof of Useful Intelligence (PoUI): Blockchain Consensus Beyond Energy Waste
- Authors: Zan-Kai Chong, Hiroyuki Ohsaki, Bryan Ng,
- Abstract summary: Technology enables secure, transparent data management in decentralized systems.<n>It supports applications from cryptocurrencies like Bitcoin to tokenizing real-world assets like property.<n>We propose Proof of Useful Intelligence (PoUI), a hybrid consensus mechanism.
- Score: 1.3846014191157405
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: Blockchain technology enables secure, transparent data management in decentralized systems, supporting applications from cryptocurrencies like Bitcoin to tokenizing real-world assets like property. Its scalability and sustainability hinge on consensus mechanisms balancing security and efficiency. Proof of Work (PoW), used by Bitcoin, ensures security through energy-intensive computations but demands significant resources. Proof of Stake (PoS), as in Ethereum post-Merge, selects validators based on staked cryptocurrency, offering energy efficiency but risking centralization from wealth concentration. With AI models straining computational resources, we propose Proof of Useful Intelligence (PoUI), a hybrid consensus mechanism. In PoUI, workers perform AI tasks like language processing or image analysis to earn coins, which are staked to secure the network, blending security with practical utility. Decentralized nodes--job posters, market coordinators, workers, and validators --collaborate via smart contracts to manage tasks and rewards.
Related papers
- Trusted Compute Units: A Framework for Chained Verifiable Computations [41.94295877935867]
This paper introduces the Trusted Compute Unit (TCU), a unifying framework that enables composable and interoperable computations across heterogeneous technologies.<n>By enabling secure off-chain interactions without incurring on-chain confirmation delays or gas fees, TCUs significantly improve system performance and scalability.
arXiv Detail & Related papers (2025-04-22T09:01:55Z) - Conthereum: Concurrent Ethereum Optimized Transaction Scheduling for Multi-Core Execution [3.462869032423588]
Conthereum is a novel concurrent blockchain solution that enhances multi-core usage in transaction processing.
It reformulates smart contract execution as a variant of the Flexible Job Shop Shop Problem (FJSS)
It offers the most efficient open-source implementation compared to existing solutions.
arXiv Detail & Related papers (2025-04-09T21:15:05Z) - BotDetect: A Decentralized Federated Learning Framework for Detecting Financial Bots on the EVM Blockchains [3.4636217357968904]
This paper presents a decentralized federated learning (DFL) approach for detecting financial bots within Virtual Machine (EVM)-based blockchains.<n>The proposed framework leverages federated learning, orchestrated through smart contracts, to detect malicious bot behavior.<n> Experimental results show that our DFL framework achieves high detection accuracy while maintaining scalability and robustness.
arXiv Detail & Related papers (2025-01-21T13:15:43Z) - Collaborative and parametric insurance on the Ethereum blockchain [0.0]
This paper introduces a blockchain-based insurance scheme that integrates parametric and collaborative elements.<n>A pool of investors, referred to as surplus providers, locks funds in a smart contract, enabling blockchain users to underwrite parametric insurance contracts.<n>The smart contract is developed in Solidity, a high-level programming language for the blockchain, and deployed on the Sepolia testnet.
arXiv Detail & Related papers (2024-12-03T20:03:40Z) - Collaborative Proof-of-Work: A Secure Dynamic Approach to Fair and Efficient Blockchain Mining [0.1759252234439348]
This paper introduces a novel Collaborative Proof-of-Work (CPoW) mining approach designed to enhance efficiency and fairness in the network.<n>By addressing the centralization and energy inefficiencies of traditional mining, this research contributes to a more sustainable blockchain ecosystem.
arXiv Detail & Related papers (2024-12-01T05:59:27Z) - Design, Implementation and Practical Energy-Efficiency Evaluation of a Blockchain Based Academic Credential Verification System for Low-Power Nodes [0.0]
The educational system manages extensive documentation and paperwork, which can lead to human errors and sometimes abuse or fraud, such as the falsification of diplomas, certificates or other credentials.<n>This article proposes a solution aimed at recording and verifying academic records through a decentralized application that is supported by a smart contract deployed in the CPU blockchain.<n>The proposed solution is evaluated in terms of performance and energy-efficiency, comparing the results obtained with a traditional Proof-of-Work consensus protocol and the new Proof-of-Authority (PoA) protocol.
arXiv Detail & Related papers (2024-10-27T21:32:20Z) - IT Strategic alignment in the decentralized finance (DeFi): CBDC and digital currencies [49.1574468325115]
Decentralized finance (DeFi) is a disruptive-based financial infrastructure.
This paper seeks to answer two main questions 1) What are the common IT elements in the DeFi?
And 2) How the elements to the IT strategic alignment in DeFi?
arXiv Detail & Related papers (2024-05-17T10:19:20Z) - Blockchains for Internet of Things: Fundamentals, Applications, and Challenges [38.29453164670072]
Not every blockchain system is suitable for specific IoT applications.
Public blockchains are not suitable for storing sensitive data.
We explore the blockchain's application in three pivotal IoT areas: edge AI, communications, and healthcare.
arXiv Detail & Related papers (2024-05-08T04:25:57Z) - Enhancing Trust and Privacy in Distributed Networks: A Comprehensive Survey on Blockchain-based Federated Learning [51.13534069758711]
Decentralized approaches like blockchain offer a compelling solution by implementing a consensus mechanism among multiple entities.
Federated Learning (FL) enables participants to collaboratively train models while safeguarding data privacy.
This paper investigates the synergy between blockchain's security features and FL's privacy-preserving model training capabilities.
arXiv Detail & Related papers (2024-03-28T07:08:26Z) - Generative AI-enabled Blockchain Networks: Fundamentals, Applications,
and Case Study [73.87110604150315]
Generative Artificial Intelligence (GAI) has emerged as a promising solution to address challenges of blockchain technology.
In this paper, we first introduce GAI techniques, outline their applications, and discuss existing solutions for integrating GAI into blockchains.
arXiv Detail & Related papers (2024-01-28T10:46:17Z) - Quantum-resistance in blockchain networks [46.63333997460008]
This paper describes the work carried out by the Inter-American Development Bank, the IDB Lab, LACChain, Quantum Computing (CQC), and Tecnologico de Monterrey to identify and eliminate quantum threats in blockchain networks.
The advent of quantum computing threatens internet protocols and blockchain networks because they utilize non-quantum resistant cryptographic algorithms.
arXiv Detail & Related papers (2021-06-11T23:39:25Z) - Regulation conform DLT-operable payment adapter based on trustless -
justified trust combined generalized state channels [77.34726150561087]
Economy of Things (EoT) will be based on software agents running on peer-to-peer trustless networks.
We give an overview of current solutions that differ in their fundamental values and technological possibilities.
We propose to combine the strengths of the crypto based, decentralized trustless elements with established and well regulated means of payment.
arXiv Detail & Related papers (2020-07-03T10:45:55Z) - Zero-Knowledge Proof-of-Identity: Sybil-Resistant, Anonymous Authentication on Permissionless Blockchains and Incentive Compatible, Strictly Dominant Cryptocurrencies [0.0]
Zero-Knowledge Proof-of-Identity from trusted public certificates (e.g., national identity cards and/or ePassports; eSIM) is introduced here to permissionless blockchains.
The proposed solution effectively limits the number of mining nodes a single individual would be able to run while keeping membership open to everyone.
arXiv Detail & Related papers (2019-05-22T12:06:03Z)
This list is automatically generated from the titles and abstracts of the papers in this site.
This site does not guarantee the quality of this site (including all information) and is not responsible for any consequences.