Evaluation of security and performance of master node protocol in the bitcoin peer-to-peer network

Muntadher Sallal; Gareth Owenson; Mo Adda

doi:10.1109/ICBC48266.2020.9169393

Evaluation of security and performance of master node protocol in the bitcoin peer-to-peer network

Muntadher Sallal
, Gareth Owenson
, Mo Adda

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

307 Downloads (Pure)

Abstract

The mechanism of peers randomly choosing logical neighbors without any knowledge about underlying physical topology can cause a delay overhead in information propagation which makes the system vulnerable to double spend attacks. This paper introduces a proximity-aware extensions to the current Bitcoin protocol, named Master Node Based Clustering (MNBC). The ultimate purpose of the proposed protocol is to improve the information propagation delay in the Bitcoin network.

Original language	English
Title of host publication	IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2020
Publisher	Institute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)	9781728166803
ISBN (Print)	978-1-7281-6681-0
DOIs	https://doi.org/10.1109/ICBC48266.2020.9169393
Publication status	Published - 17 Aug 2020
Event	2nd IEEE International Conference on Blockchain and Cryptocurrency - Virtual, Canada Duration: 2 May 2020 → 6 May 2020

Conference

Conference	2nd IEEE International Conference on Blockchain and Cryptocurrency
Abbreviated title	ICBC 2020
Country/Territory	Canada
Period	2/05/20 → 6/05/20

Keywords

Bitcoin network
Clustering
Propagation delay

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10.1109/ICBC48266.2020.9169393

Evaluation of Security and Performance of Master Node Protocol in the Bitcoin
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Accepted author manuscript (Post-print), 175 KB

Cite this

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abstract = "The mechanism of peers randomly choosing logical neighbors without any knowledge about underlying physical topology can cause a delay overhead in information propagation which makes the system vulnerable to double spend attacks. This paper introduces a proximity-aware extensions to the current Bitcoin protocol, named Master Node Based Clustering (MNBC). The ultimate purpose of the proposed protocol is to improve the information propagation delay in the Bitcoin network.",

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Sallal, M, Owenson, G & Adda, M 2020, Evaluation of security and performance of master node protocol in the bitcoin peer-to-peer network. in IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2020., 9169393, Institute of Electrical and Electronics Engineers Inc., 2nd IEEE International Conference on Blockchain and Cryptocurrency, Canada, 2/05/20. https://doi.org/10.1109/ICBC48266.2020.9169393

Evaluation of security and performance of master node protocol in the bitcoin peer-to-peer network. / Sallal, Muntadher; Owenson, Gareth; Adda, Mo.
IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2020. Institute of Electrical and Electronics Engineers Inc., 2020. 9169393.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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Evaluation of security and performance of master node protocol in the bitcoin peer-to-peer network

Abstract

Conference

Keywords

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