ScroogeCoin Client-server architecture N1 N2 N3 N6 N4 N5

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Presentation transcript:

ScroogeCoin Client-server architecture N1 N2 N3 N6 N4 N5 Tx … Tx … Tx … T1 N3 T3 T5 Scrooge maintains consistent and valid blockchain (tamper-evident ledger) T3 N6 N4 T6 N5 T5 ScroogeCoin Honest nodes/users Malicious nodes/users

New block forwarded to all nodes who update their blockchains N2 is selected by the consensus algorithm N1 N2 Tx … Tx … Tx … T1 T1 T1 T5 Tx … Tx … Tx … T1 Each node maintains a copy of the blockchain (tamper-evident ledger) Peer-peer architecture N3 Tx … Tx … Tx … T1 New block forwarded to all nodes who update their blockchains Nodes run some consensus algorithm Tx … Tx … Tx … T6 N6 N4 Tx … Tx … Tx … T5 T6 N5 T5 T5 Tx … Tx … Tx … T5 Decentralizing ScroogeCoin