Abdelkader et al. recently proposed a new data representation method designed to enable efficient storage and management of diverse data types on the blockchain, guarantee scalability, cost-effectiveness, and network efficiency. They transformed a binary matrix M of dimensions \(m \times n\) bits into two vectors H and V with sizes \(m'\) and \(n'\) , respectively. The compression rate given by \(\frac{(m' + n' + \mid Hash(M) \mid ) \times 100}{(m \times n)}\) expands exponentially, i.e., \(2^{\lambda }\) with \(\lambda \) depends on m and n), making their technique highly effective for data size reduction. For instance, with a matrix M of size \(512 \times 512\) bits, they achieved a reduction rate of  \(96.42\%\) . The conversion from M to (H, V) is both fast and simple. The presented paper uses these parameters to create a new consensus algorithm based on solving the challenge of recovering the original data using H, V, and Hash(M) in order to determine the next miner.

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A New Mining Consensus Algorithm: A Binary Matrix Representation Based

  • Mostefa Kara,
  • Abdelkader Laouid,
  • Mohammad Hammoudeh,
  • Elena Makeeva,
  • Ahcene Bounceur

摘要

Abdelkader et al. recently proposed a new data representation method designed to enable efficient storage and management of diverse data types on the blockchain, guarantee scalability, cost-effectiveness, and network efficiency. They transformed a binary matrix M of dimensions \(m \times n\) bits into two vectors H and V with sizes \(m'\) and \(n'\) , respectively. The compression rate given by \(\frac{(m' + n' + \mid Hash(M) \mid ) \times 100}{(m \times n)}\) expands exponentially, i.e., \(2^{\lambda }\) with \(\lambda \) depends on m and n), making their technique highly effective for data size reduction. For instance, with a matrix M of size \(512 \times 512\) bits, they achieved a reduction rate of  \(96.42\%\) . The conversion from M to (H, V) is both fast and simple. The presented paper uses these parameters to create a new consensus algorithm based on solving the challenge of recovering the original data using H, V, and Hash(M) in order to determine the next miner.