Question: Hyperledger Sawtooth uses PoET as the consensus algorithm. Consider a blockchain system built on the Hyperledger framework. The high level Proof of Elapsed Time strategy

Hyperledger Sawtooth uses PoET as the consensus algorithm. Consider a blockchain
system built on the Hyperledger framework. The high level Proof of Elapsed Time strategy is as
follows. Fill in the blanks.
1.Each participant in the blockchain network waits a _____ amount of time.
2.The ____ participant to finish waiting gets to be the ____ for the new block.
However, these steps work only if the following two requirements are verified.
(i) Verify whether the lottery winner actually choose a ___ wait time. Otherwise, a participant
could intentionally choose a ___ wait time in order to win. (ii) Verify whether the lottery winner
actually finish waiting the specified amount of time

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!