3

Here the link to the NIPoPoWs paper

The jargon and complexity of the topic is too difficult for me to parse.

1
  • Please clarify your specific problem or provide additional details to highlight exactly what you need. As it's currently written, it's hard to tell exactly what you're asking.
    – Community Bot
    Mar 15 at 3:18

1 Answer 1

3

By definition, NiPoPoWs are lightweight proofs for Proof-of-Work blockchains. In a nutshell, they operate by taking advantage of the fact that every so often, a block of highly unusual likelihood is mined. Here’s a quick summary:

In PoW, a miner is elected Block leader when they win a lottery by producing a block hash with a certain difficulty level. Let’s say (for arguments sake) the chances of producing such a block are 1/100. Every so often, a miner will produce a block hash with an unusually high unlikelihood (I.e. 1/10,000 chance). NiPoPoWs take advantage of this “super-unlikelihood” by recognizing these super blocks are produced at a regular cadence. So instead of validating the entire blockchain, one only needs to validate the superblocks, which may be a much smaller subset of the rest of the blocks.

Another way to think about this: lets say there is an engine running and you know that a every 1000 engine cycles, the piston makes an unusual noise. If I ask you to count how long 5000 cycles takes, instead of counting 5000 engine cycles, you can just count 5 of the “unusual” cycles.

Here’s a more beginner friendly article on the topic.

2
  • This is very surprising answer. Only in that in that it's so unexpected. Thank you!
    – Dale Botha
    Mar 18 at 10:37
  • This is an amazing explanation of what NIPoPoWs is. But I guess by superficial extrapolation it does answer my question ie. This sounds like a PoW version of PoS where stake pool with a small amount of delegation gets to create the next block. Is this resemblance superficial or could it be applied to PoS too?
    – Dale Botha
    Mar 18 at 10:45

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.