• Egger Mielberg

Proof of Participation (PoP): Asynchronous Byzantine Activity-Oriented Protocol

Updated: Nov 28, 2018

We present an innovative approach to the design of a decentralized asynchronous protocol that will, first, let business of any kind realize any project that can be formalized on a “step-by-step” basis, second, allow its users to completely solve Byzantine problem with one or many contracts-related associative network (subnetwork), third, allow business to design, if needed, a strictly economy-based model that can be stable for a long period of time.

The innovative approach is totally based on the technology of Smart Transaction [1].

The protocol is mainly focused on a practical realization of economical business contracts of any kind.

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