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Unobtrusive monitoring: Statistical dissemination latency estimation in Bitcoin's peer-to-peer network

David Mödinger, Jan-Hendrik Lorenz, Rens W. van der Heijden, Franz J. Hauck, He Debiao
2020 PLoS ONE  
Measuring the dissemination latency requires many connections into the Bitcoin network, wasting network resources. Some third parties operate that way and publish large scale measurements.  ...  For risk estimation and usability aspects of Bitcoin applications, it is necessary to know the time required to disseminate a transaction within the network.  ...  Conclusion In this paper, we showed that overall dissemination times of transactions in the Bitcoin network can be estimated using the minimum number of connections required by the Bitcoin reference client  ... 
doi:10.1371/journal.pone.0243475 pmid:33301472 fatcat:ir3y3oxgkbgv3kdm3anrrkpdce

Agent-Based Simulation of Blockchains [chapter]

Edoardo Rosa, Gabriele D'Angelo, Stefano Ferretti
2019 Communications in Computer and Information Science  
To assess the preliminary implementation of our simulator, we provide a simplified modelling of the Bitcoin protocol and we study the effect of a security attack on the consensus protocol in which a set  ...  The results confirm the viability of the agent-based modelling of blockchains implemented by means of PADS.  ...  Since the implementation in LUNES of the dissemination mechanism used in Bitcoin (called Dandelion/Dandelion++) is currently under development, LUNES-Blockchain models the dissemination in the Bitcoin  ... 
doi:10.1007/978-981-15-1078-6_10 fatcat:ioupwlmucbftzcrwc35tf6zw3u

A blockchain-based technique for making swarm robots distributed decision

E V Melnik, A B Klimenko, D Y Ivanov
2019 Journal of Physics, Conference Series  
The paper considers the problem of distributed decision making in the robot swarm.  ...  The decision making process is organized by means of distributed ledger usage. The information propagation through the swarm is implemented via spreading randomized rumor.  ...  Yet there is no information about the data dissemination through the network.  ... 
doi:10.1088/1742-6596/1333/5/052013 fatcat:jus4f2gug5ci3awoxfjhy4vikm

Bitcoin Intelligence – Business Intelligence meets Crypto Currency

Horia Mircea BOTOŞ
2017 CES Working Papers  
A conventional ledger records bills and notes which are used by an organization, but in the case of Bitcoin these are simply data "entries" in the Blockchain sequence.  ...  BI is meant to take in all the data being generated by a business and present easy to digest performance measures and trends that will inform management decisions.  ...  The paper is structured in 6 parts and the Final conclusion. We have started with the defining Intelligence in part 1 and explain the way in which Intelligence Adapted to Bitcoin in section 2.  ... 
doaj:9343c35e01ee4a9cb10aca437fd98fe9 fatcat:abo7ksfou5bwbizkxam6fgfa5a

ModelChain: Decentralized Privacy-Preserving Healthcare Predictive Modeling Framework on Private Blockchain Networks [article]

Tsung-Ting Kuo, Lucila Ohno-Machado
2018 arXiv   pre-print
We integrate privacy-preserving online machine learning with a private Blockchain network, apply transaction metadata to disseminate partial models, and design a new proof-of-information algorithm to determine  ...  In this article, we describe a new framework, ModelChain, to adapt Blockchain technology for privacy-preserving machine learning.  ...  This article has been presented as a challenge-winning submission on the Office of the National Coordinator for Health Information Technology (ONC) and the National Institute of Standards and Technology  ... 
arXiv:1802.01746v1 fatcat:fwsqwclirja3zjy3rekzhw7loa

Boost Blockchain Broadcast Propagation with Tree Routing [article]

Jia Kan and Lingyi Zou and Bella Liu and Xin Huang
2018 arXiv   pre-print
In recent years, with the rapid development and popularization of BitCoin, the research of blockchain technology has also shown growth.  ...  In oder to avoid the single node failure problem, the tree cluster routing is proposed.  ...  Acknowledgment The authors thank Brahma OS and the team advisors' help on information collection and idea pitching.  ... 
arXiv:1810.12795v1 fatcat:wgg7df6lcfhhfcblwep5myvpuu

Decentralization in Bitcoin and Ethereum Networks [article]

Adem Efe Gencer and Soumya Basu and Ittay Eyal and Robbert van Renesse and Emin Gün Sirer
2018 arXiv   pre-print
In particular, we adapted existing internet measurement techniques and used the Falcon Relay Network as a novel measurement tool to obtain our data.  ...  We investigate the extent of decentralization by measuring the network resources of nodes and the interconnection among them, the protocol requirements affecting the operation of nodes, and the robustness  ...  Acknowledgements The authors thank Vitalik Buterin and the anonymous reviewers for their feedback on earlier drafts of this manuscript. Ittay Eyal is supported by the Viterbi  ... 
arXiv:1801.03998v2 fatcat:3o2f2e4w2zgltpv2yk4e6q4i2m

Security Analysis of Distributed Ledgers and Blockchains through Agent-based Simulation [article]

Luca Serena, Gabriele D'Angelo, Stefano Ferretti
2021 arXiv   pre-print
Sybil Attack), we investigate which dissemination protocol in the underlying P2P network makes the system more resilient to a varying number of nodes that drop the messages.  ...  Bitcoin or the Ethereum blockchains.  ...  In the following, the information is broadcast into the network in what is called the "fluff phase".  ... 
arXiv:2109.08358v1 fatcat:zwihshwcajepbhgddur4nvut3a

Cryptocurrency Networks: A New P2P Paradigm

Sergi Delgado-Segura, Cristina Pérez-Solà, Jordi Herrera-Joancomartí, Guillermo Navarro-Arribas, Joan Borrell
2018 Mobile Information Systems  
P2P networks are the mechanism used by cryptocurrencies to disseminate system information while keeping the whole system as much decentralized as possible.  ...  By characterizing the most relevant cryptocurrency network, Bitcoin, we provide details on different properties of cryptocurrency networks and their similarities and differences with standard P2P network  ...  Acknowledgments is work is partially supported by the Spanish Ministry under Grant no. TIN2014-55243-P and the Catalan AGAUR grant 2014SGR-691.  ... 
doi:10.1155/2018/2159082 fatcat:zlgfl5hzlnehbngpc4x2sibopy


Marijan Zubalj, Polytechnic of Rijeka Business Department, Croatia, Vesna Buterin, Denis Buterin
2021 DIEM  
Therefore, the aim of this paper is to identify possible manipulative activities in the segment of information technology about bitcoin as a possible means of fraud in the financial market, especially  ...  The aim of this paper is to present the manipulation possibilities in the operation of information technology.  ...  Tasks in such a network are managed collectively by network nodes.  ... 
doi:10.17818/diem/2021/1.21 fatcat:5mdm7mdwcng6jji35em7ufly5m

Blockchain for the Internet of Things: A systematic literature review

Marco Conoscenti, Antonio Vetro, Juan Carlos De Martin
2016 2016 IEEE/ACS 13th International Conference of Computer Systems and Applications (AICCSA)  
We also found several issues in the integrity, anonymity and adaptability. Regarding anonymity, we found that in the blockchain only pseudonymity is guaranteed.  ...  same time a difficult Proof-of-Work limits the adaptability.  ...  ACKNOWLEDGMENT This work has been done with the Joint Open Lab SWARM and it is supported by a fellowship from TIM. We also thank Dr. Simone Basso for his valuable feedback.  ... 
doi:10.1109/aiccsa.2016.7945805 dblp:conf/aiccsa/ConoscentiVM16 fatcat:pueuxapd6vasdbhvvlv74uksxa

A Coefficient of Variation Method to Measure the Extents of Decentralization for Bitcoin and Ethereum Networks

Keke Wu, Bo Peng, Hua Xie, Shaobin Zhan
2020 International Journal of Network Security  
The most primary advantage of Bitcoin and Ethereum systems is widely understood to be decentralization.  ...  Using the coefficient of variation, we calculate the dispersion extents of blocks mined and address balances to quantify the extents of decentralization for Bitcoin and Ethereum systems, and the results  ...  Acknowledgments This work was supported by the Guangdong Natural Science Foundation (Grant No. 2018A030313746), and the Basic Research Project of Shenzhen (Grant No. JCYJ20170817114239348).  ... 
dblp:journals/ijnsec/WuPXZ20 fatcat:whhdfrropbffrmhadinzz3lvey

Tampering with the Delivery of Blocks and Transactions in Bitcoin

Arthur Gervais, Hubert Ritzdorf, Ghassan O. Karame, Srdjan Capkun
2015 Proceedings of the 22nd ACM SIGSAC Conference on Computer and Communications Security - CCS '15  
These measures limit the amount of information broadcast in the system to the minimum necessary.  ...  We show that this allows the adversary to easily mount Denial-of-Service attacks, considerably increase its mining advantage in the network, and double-spend transactions in spite of the current countermeasures  ...  All these studies, however, assume that the information disseminated in the Bitcoin network is directly received by nodes.  ... 
doi:10.1145/2810103.2813655 dblp:conf/ccs/GervaisRKC15 fatcat:jr7gkmcoujh4ph5ek35br3xmxy

Bitcoin as an example of cryptocurrency – current state and perspectives

Seweryn Gajdek
2018 Annals of Marketing Management and Economics  
Bitcoin features that attract new users are a large dose of anonymity, security of funds guaranteed by the extremely high computing power of the Bitcoin network, the speed of transactions and their low  ...  Although there are difficulties in using Bitcoins, which include technical background and resulting from the high volatility of prices of this currency, the continuing upward trend of the Bitcoin price  ...  After more than nine years of dissemination of block chain technology, based on which Bitcoin operates, there are over 2,000 cryptocurrencies in the world.  ... 
doi:10.22630/amme.2018.4.2.16 fatcat:egrhnivdlrf5zcza25izxegtcy

Application of Blockchain Technology in Intellectual Property Protection

Liya Luo, Vijay Kumar
2022 Mathematical Problems in Engineering  
The emergence of digital copyright in the internet era altered the traditional method of information dissemination and triggered a new copyright revolution, which benefited copyright owners by increasing  ...  It was initially applied in the financial sector before being expanded to other sectors, resulting in a variety of blockchain + X models.  ...  Early P2P databases lacked a global schema and were incapable of adapting to network changes for enterprise-level applications [16, 17] . Networks.  ... 
doi:10.1155/2022/4641559 fatcat:5gz7j67y5ne65dfbywn3zjya7u
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