Energy-efficient mining on a quantum-enabled blockchain using light

Adam J. Bennet, Shakib Daryanoosh*

*Corresponding author for this work

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Abstract

We outline a quantum-enabled blockchain architecture based on a consortium of quantum servers. The network is hybridised, utilising digital systems for sharing and processing classical information combined with a fibre-optic infrastructure and quantum devices for transmitting and processing quantum information. We deliver an energy-efficient interactive mining protocol enacted between clients and servers which uses quantum information encoded in light and removes the need for trust in network infrastructure. Instead, clients on the network need only trust the transparent network code, and that their devices adhere to the rules of quantum physics. To demonstrate the energy efficiency of the mining protocol, we elaborate upon the results of two previous experiments (one performed over 1km of optical fibre) as applied to this work. Finally, we address some key vulnerabilities, explore open questions, and observe forward-compatibility with the quantum internet and quantum computing technologies.

Original languageEnglish
Pages (from-to)82-107
Number of pages26
JournalLedger
Volume4
DOIs
Publication statusPublished - 22 Jul 2019

Bibliographical note

Copyright 2019 Adam J Bennet, Shakib Darynoosh. Version archived for private and non-commercial use with the permission of the author/s and according to publisher conditions. For further rights please contact the publisher.

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