TY - JOUR
T1 - Rep on the roll: a peer to peer reputation system based on a rolling blockchain
AU - Dennis, Richard
AU - Owenson, Gareth Huw
N1 - Authors retain publishing rights without restrictions: http://infonomics-society.org/ijds/
PY - 2016/3/1
Y1 - 2016/3/1
N2 - This paper presents the first generalized reputation system that can be applied to multiple networks that is based on the blockchain. We first discuss current reputation systems, conducting a critical analysis of their current security vulnerabilities, before looking at how new blockchain-based technologies are used. We propose an innovative new reputation system that is based on blockchain technologies and which aims to solve many unanswered questions in the current generation of reputation systems, as well as blockchain systems in general. We then consider the limitations of such a system, before using simulations and analyses to demonstrate methods of overcoming these limitations, and in doing so, provide a possible solution to a fundamental issue in blockchain-based networks; scalability. We conclude by suggesting areas for future studies, and summarizing our findings.
AB - This paper presents the first generalized reputation system that can be applied to multiple networks that is based on the blockchain. We first discuss current reputation systems, conducting a critical analysis of their current security vulnerabilities, before looking at how new blockchain-based technologies are used. We propose an innovative new reputation system that is based on blockchain technologies and which aims to solve many unanswered questions in the current generation of reputation systems, as well as blockchain systems in general. We then consider the limitations of such a system, before using simulations and analyses to demonstrate methods of overcoming these limitations, and in doing so, provide a possible solution to a fundamental issue in blockchain-based networks; scalability. We conclude by suggesting areas for future studies, and summarizing our findings.
KW - bitcoin
KW - blockchain
KW - reputation systems
UR - https://infonomics-society.org/ijds/author-guidelines/
U2 - 10.20533/ijds.2040.2570.2016.0137
DO - 10.20533/ijds.2040.2570.2016.0137
M3 - Article
SN - 2040-2570
VL - 7
SP - 1123
EP - 1134
JO - International Journal for Digital Society
JF - International Journal for Digital Society
IS - 1
ER -