REPRESENTATIVE SELECTION METHOD IN BLOCK CHAIN BASED CONSENSUS ALGORITHM

摘要

The present invention relates to a method for selecting a representative in a blockchain-based consensus algorithm for selecting a representative in order to proceed with a consensus algorithm based on a Delegated Proof of Stake (DPoS) method, The first process in which transaction information is generated as block data online, the second process in which the generated block data is transmitted to all participants on the network, the third process in which participants mutually verify the validity of transaction information, and verification of transaction information Including the fourth process of registering the completed block data on the chain, In the third process, when the consensus algorithm is proceeded with the delegated proof-of-stake (DPoS) method by combining the blockchain network system and the Internet of Things (IoT) system, the blockchain network participant and the IoT device are used as virtual participants as representatives. It is characterized by increasing the number of participants that can be selected. At this time, whenever participants mutually verify the validity of transaction information, a new representative is randomly selected and changed, and a small number of newly elected representatives perform the verification on behalf of the whole.