Register | Login

Current Journal of Applied Science and Technology

  • About
    • About the Journal
    • Submissions & Author Guideline
    • Accepted Papers
    • Editorial Policy
    • Editorial Board Members
    • Reviewers
    • Printed Hard copy
    • Subscription
    • Membership
    • Publication Ethics and Malpractice Statement
    • Digital Archiving
    • Contact
  • Archives
  • Indexing
  • Publication Charge
  • Submission
  • Testimonials
  • Announcements
Advanced Search
  1. Home
  2. Archives
  3. 2022 - Volume 41 [Issue 4]
  4. Original Research Article

Author Guidelines


Submit Manuscript


Editorial Board Member


Membership


Subscription


HashNET Blockchain Consensus for DLT Applications

  •   J. Maričević
  •   K. Skala
  •   Z. Šojat
  •   J. Mesarić
  •   I. Jerković
  •   V. Bojović
  •   D. Hofman

Current Journal of Applied Science and Technology, Volume 41, Issue 4, Page 1-12
DOI: 10.9734/cjast/2022/v41i431658
Published: 28 March 2022

  • View Article
  • Download
  • Cite
  • Statistics
  • Share

Abstract


Our modern world is becoming increasingly reliant  on the processing, exchange and storage of information. This trend of so-called "digitalisation" is penetrating every pore of human civilisation, including nature, people, and machines; our economy and production, which must be as local as possible; and our global ecology. The use of information processing technology brings benefits to a wide range of endeavours. In this sense, many computing technologies and techniques must be used to achieve the goal of an integrated global service ecosystem, a Rainbow ecosystem of all hierarchical levels of computing.

One of the most important new developments in recent years is the development of blockchain technology. A blockchain can solve many problems of persistent and traceable storage, as well as enable direct coordination, compensation, etc. Therefore, in the Dew-Fog-Cloud hierarchy, blockchain technology is a promising new approach to enable novel applications in a variety of fields, from social and educational to scientific and industrial.

However, there are two important points in many implementations of the current blockchain which prevent them from being used for public service solutions. The first is the proof algorithm - the vast majority of proof-of-work algorithms do useless work and waste enormous amounts of energy. The second one is that  proof-of-stake algorithm is not suitable for open public infrastructure.

The HashNET algorithm, which uses proof-of-authority combined with master nodes to achieve distributed consensus and ensure trust, is explained in detail in this paper.

As an example of future applications in science, education and society, we also briefly describe certificate validation and future application for scientific publications.

Keywords:
  • Distributed ledger
  • blockchain infrastructure
  • HashNet consensus
  • EBSI
  • Full Article - PDF
  • Review History

How to Cite

Maričević, J., Skala, K., Šojat, Z., Mesarić, J., Jerković, I., Bojović, V., & Hofman, D. (2022). HashNET Blockchain Consensus for DLT Applications. Current Journal of Applied Science and Technology, 41(4), 1–12. https://doi.org/10.9734/cjast/2022/v41i431658
  • ACM
  • ACS
  • APA
  • ABNT
  • Chicago
  • Harvard
  • IEEE
  • MLA
  • Turabian
  • Vancouver
  • Endnote/Zotero/Mendeley (RIS)
  • BibTeX
  • Abstract View: 72 times
    PDF Download: 14 times

Download Statistics

  • Linkedin
  • Twitter
  • Facebook
  • WhatsApp
  • Telegram
Make a Submission

Information

  • For Readers
  • For Authors
  • For Librarians

Current Issue

  • Atom logo
  • RSS2 logo
  • RSS1 logo


Copyright © 2010 - 2023 Current Journal of Applied Science and Technology. All rights reserved.