Search Results for "novel."

...Its goal is to offer default, universal privacy for every user while remaining easy to use and scalable. Iron Fish uses zk-SNARKs to shield all transaction details and supports a novel PoS-like consensus called “Proof of Work with Delegation.” With its developer-friendly APIs and strong privacy guarantees, Iron Fish is designed to be the foundation for private financial infrastructure in the Web3 space.

Go-Spacemesh is the official Go implementation of the Spacemesh protocol, a novel blockchain based on Proof of Space-Time (PoST) designed for fair mining and energy efficiency. Unlike Proof of Work, PoST leverages unused hard drive space to secure the network, enabling anyone with a computer to participate without specialized hardware. Spacemesh introduces a mesh-based block DAG (Directed Acyclic Graph) structure for scalable and parallel consensus.

3DPass is an open-source Layer 1 blockchain written in Rust and built on Substrate. It introduces a novel consensus mechanism called Proof of Scan, where miners validate by running recognition algorithms on 3D objects. Each object produces a reproducible cryptographic fingerprint (HASH ID) that is stored on-chain. If the same object is submitted again, the network rejects it, ensuring that only one of a kind assets can be registered.