Collaborative puzzle solving refers to a process where multiple independent entities work together to resolve a complex computational problem. In blockchain contexts, this often relates to distributed networks where participants collectively contribute computational effort to validate transactions and secure the ledger. This shared effort, such as in proof-of-work systems, involves nodes competing to find a cryptographic solution, with the first to succeed propagating their result for verification. The collective participation ensures network security and agreement on the state of the system.
Context
Collaborative puzzle solving is fundamental to the operation of many decentralized networks, particularly those relying on proof-of-work mechanisms. Current discussions often address the energy consumption associated with large-scale computational efforts and efforts to find more resource-efficient methods. The ongoing development of alternative consensus mechanisms seeks to balance security, decentralization, and the environmental impact of this shared computational work.
PoC introduces a collaborative, resource-efficient cryptographic puzzle to prevent long-range attacks, guaranteeing immutable ledger history for PoS/BFT chains.
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