Proof of Contribution (PoC) Mechanism

CyberVein
2 min readFeb 14, 2018

CyberVein, like all blockchain technology, is driven by motivation of safe mode. In the traditional blockchain mining consensus, it is based on the choice of total difficulty of highest blocks. Miners and others to the blocks. In most of the consensus standards, only containing a given difficulty of work experience (PoW) of blocks are valid.

There’ s no mining mechanism in the DAG architecture because there is no miner concept. However, the existing DAG in the project before the release unit verification, most are using PoW and CyberVein will use our PoC mechanism is put forward.

CyberVein contribution to prove: a response to block in the chain of the abuse of power or force concentrated and algorithm. PoC is based on the user’s contribution to the network, add the appropriate hash calculation, to determine whether can win in the competition mechanism in the network. In traditional blockchain PoC can be used in the process of mining.

In each have the same hash miners work force, contribute more to the network resources miners (such as he contributed more hard disk capacity, or bandwidth, or power, etc.) will have smaller hash difficulty, so as to have more chance to beat competitors in the probability, acquired the right to the manufacture of new blocks.

In the DAG, when a user has more units under the condition of (he contributed more hard disk storage unit in the network), it will be more likely to reference the existing units, and obtain the corresponding fees.

IOTA and Byteball projects in PoW validation of the role is mainly used to prevent the witch attacks and network to some extent abuse problems, and we believe that the use of PoC and other mechanisms, and can be done at the same time, encourage more users to participate in and contribution to the attack of prevention effect.

Characteristics of PoW and PoS consensus mechanism In PoW and PoS, the algorithm is considered a node or a user has the resources, has the
resources more will win, and less resource nodes or users who have only a very small probability to win, and the resource size is out of step with the contribution to the network.

In addition, the resources and economic investment relationship is exponential relationship (such as mine for greater benefit, buy a lot of graphics card, wallet and ordinary user’s home video card in the process of mining is almost no chance), eventually lead to calculate force or power is too concentrated, which is a threat to network.

So we believe that within a network should not be ignored and should not waste any effort, we are here to put forward the PoC (any form of contribution) should follow the idea, using the long tail, put any effort as a valuable contribution to the whole network.

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CyberVein

CyberVein reinvents decentralized databases and the way we secure and monetize information.