Decentralized Clock for Blockchain Mining to Return to Decentralization

LotMint Blockchain

Powered by lotmint.io

What is LotMint?

Learn more about our technology

Decentralized Clock

Global Clock Cycles (DCC) enables every node in the P2P network to validate/express occurring times of events for block dissemination. DCCs are useful to formulate Consensus of Luck, to greatly ease and hence decentralize Proof-of-Work (PoW) block mining.

Consensus of Luck

Proof-of-Work block mining and dissemination are lucky events: (1) Computation-lucky for miners to solve a much eased PoW puzzle; and (2) Communication-lucky for blocks in dissemination to find shorter or quicker routes to a quorum of BFT trustees.

Open Membership for Byzantine Fault Tolerant Trustees Consortium

A blockchain where a Byzantine Fault Tolerance style of secure multiparty computation meets much eased PoW block mining = Permissionless Peer-to-Peer computing with truly decentralized security, scalability and sustainability.