Paper 2021/846
Ergo Hackathon: Crowdfunded Smart Contract Pools Research and Conceptualization
Bronson Brooks Richard and Gary Waugh
Abstract
This is team SmartPools’ submission for the first Ergo Hackathon. It suggests that Ergo lacks the decentralization, and focus on regular people that it was designed for, and presents a potential solution for these problems in laying the framework for crowdfunded smart contract pools compatible with non-outsourceabilty. It should allow for pool formation with a greater level of decentralization than previously possible by including metrics for diminishing returns on over-contributing hash power to pools with data gathered from Ergo Oracles. This work is informal and preliminary. Further research is required to formalize this work and attempt to provide functional proof for its arguments; readers are highly encouraged to read the included references, and their references, for greater clarity.
Metadata
- Available format(s)
-
PDF
- Category
- Applications
- Publication info
- Preprint. MINOR revision.
- Keywords
- smart contractseUTXOdecentralizationoraclessidechainsminingpoolsPoW
- Contact author(s)
-
wilfordgrimley @ protonmail com
gary16jan @ gmail com - History
- 2021-06-21: received
- Short URL
- https://ia.cr/2021/846
- License
-
CC BY
BibTeX
@misc{cryptoeprint:2021/846,
author = {Bronson Brooks Richard and Gary Waugh},
title = {Ergo Hackathon: Crowdfunded Smart Contract Pools Research and Conceptualization},
howpublished = {Cryptology {ePrint} Archive, Paper 2021/846},
year = {2021},
url = {https://eprint.iacr.org/2021/846}
}
