Missa: a regional approach to maintain validity
Authors: Nacer, M.I., Prakoonwit, S. and Prakash, E.
Journal: International Journal of Blockchains and Cryptocurrencies
Volume: 4
Issue: 1
Pages: 26-64
DOI: 10.1504/IJBC.2023.131658
Abstract:Blockchain is a new technique developed to eliminate central management of information by dividing maintenance between validators interested in participating for an expected reward. Unlike previous work, this invested in the practical impossibility of dealing with a large number of maintainers who may be business owners expecting a reward or aiming to foster the ecosystem. Inspired by the proverb "solidarity is not an act of charity, but mutual aid between forces fighting for the same goal." This work introduces Missa, which is a way to foster trust between different maintainers and the platform by exchanging valuable data structures to provide a new approach to maintaining ledger validity in a fast, reliable, and secure manner. The solution was evaluated in terms of security discussion, environmental modelling, formal study of important components, and conceptual comparison. Finally, an actor model implementation, network simulation and unit tests were demonstrated.
Source: Manual