BoomerNet: A Proof of Experience Consensus Protocol & Decentralized Network

BoomerNet is a novel Proof-of-Experience consensus protocol that tries to solve the rich growing richer paradox and centralization difficulties that popular blockchain consensus protocols like Proof-of-Work and Proof-of-Stake have. PoE accomplishes this by assigning an Experience Score to each node (called Boomer) depending on the node’s lifetime in the network and reputation. In BoomerNet, forming pools is futile because Experience Scores cannot be aggregated, which aids network decentralization. Lydian is the native cryptocurrency token of BoomerNet and is given to leaders who mine valid blocks.

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