Description
TL;DR: A protocol design using Intel SGX-style trusted hardware to select leaders randomly and reduce energy-intensive mining competition.
About This Document
Mitar Milutinovic, Warren He, Howard Wu, and Maxinder Kanwal explore proof of work inside trusted execution environments, then introduce proof of time, proof of ownership, and Proof of Luck. The final design uses a hardware-generated random value to choose a consensus leader and aims for equitable participation, low latency, and reduced energy use.
Why Bitcoin People May Care
Proof of Luck is not Bitcoin and replaces open computational competition with trust in hardware, attestation, and the platform manufacturer. That changes the attack surface rather than eliminating it. The paper is a 2017 research proposal whose security depends on its TEE assumptions; later hardware vulnerabilities and implementation realities must be evaluated separately.
What You Receive
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Document Details
- Title: Proof of Luck: An Efficient Blockchain Consensus Protocol
- Author / organization: Mitar Milutinovic, Warren He, Howard Wu, and Maxinder Kanwal
- Year: 2017
- Language: English
- Document type: Blockchain consensus protocol paper
- Pages: 6
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