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Poster: A Proof-of-Stake (PoS) Blockchain Protocol using Fair and Dynamic Sharding Management

Published: 06 November 2019 Publication History
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  • Abstract

    Sharding-based consensus protocols were introduced to enable the parallelization of the consensus work and storage for blockchain systems. However, existing sharding-based consensus algorithms are not sufficiently designed for distributing miners and transactions to shards in a fair and secure manner, which would make the blockchain systems vulnerable to several attacks. To overcome such limitations of the existing sharding-based consensus protocols, we present a new sharding-based Proof-of-Stake (PoS) blockchain protocol using fair and dynamic sharding management. To show the security of the proposed consensus protocol, we numerically analyze attack probabilities and found that the proposed protocol is secure when the number of shards is less than or equal to 6. Moreover, the proposed protocol is approximately 186 times more efficient than Ethereum with the real parameter settings obtained by the Ethereum network.

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    James C. Corbett et al. 2013. Spanner: Google's Globally Distributed Database. ACM Transactions on Computer Systems 31, 3, Article 8 (2013), 8:1--8:22 pages.
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    Daniel Larimer. 2017. DPOS Consensus Algorithm - The Missing White Pa- per. https://steemit.com/dpos/@dantheman/dpos-consensus-algorithm-this- missing- white- paper Accessed on: 2019-08--26.
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    Danny Ryan and Chih-Cheng Liang. 2018. EIP 1011: Hybrid Casper FFG. (2018). https://eips.ethereum.org/EIPS/eip-1011 Accessed on: 2019-08--26.
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    Ethereum Foundation. 2019. Sharding-FAQ. https://github.com/ethereum/wiki/ wiki/Sharding- FAQ Accessed on: 2019-08--26.
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    Daehwa Rayer Lee, Yunhee Jang, Hanbin Jang, and Hyoungshick Kim. 2019. 80% of Block Propagation Rate is Enough - Towards Secure and Efficient PoW-based Blockchain Consensus. In Proceedings of the 17th Annual International Conference on Mobile Systems, Applications, and Services.
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    Loi Luu, Viswesh Narayanan, Chaodong Zheng, Kunal Baweja, Seth Gilbert, and Prateek Saxena. 2016. A secure sharding protocol for open blockchains. Proceedings of ACM SIGSAC Conference on Computer and Communications Security.

    Cited By

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    • (2024)A Novel Endorsement Protocol to Secure BFT-Based Consensus in Permissionless Blockchain2024 IEEE Wireless Communications and Networking Conference (WCNC)10.1109/WCNC57260.2024.10570504(1-6)Online publication date: 21-Apr-2024
    • (2024)An Optimized Privacy-Protected Blockchain System for Supply Chain on Internet of ThingsIEEE Internet of Things Journal10.1109/JIOT.2023.332188911:5(9019-9030)Online publication date: 1-Mar-2024
    • (2023)Securing the Cyber Resilience of a Blockchain-Based Railroad Non-Stop Customs Clearance SystemSensors10.3390/s2306291423:6(2914)Online publication date: 8-Mar-2023
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    1. Poster: A Proof-of-Stake (PoS) Blockchain Protocol using Fair and Dynamic Sharding Management

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      Published In

      cover image ACM Conferences
      CCS '19: Proceedings of the 2019 ACM SIGSAC Conference on Computer and Communications Security
      November 2019
      2755 pages
      ISBN:9781450367479
      DOI:10.1145/3319535
      Permission to make digital or hard copies of part or all of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for third-party components of this work must be honored. For all other uses, contact the Owner/Author.

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      Association for Computing Machinery

      New York, NY, United States

      Publication History

      Published: 06 November 2019

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      Author Tags

      1. blockchain
      2. consensus
      3. proof-of-stake (PoS)
      4. sharding

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      • Poster

      Funding Sources

      • ITRC program (IITP-2019-2015-0-00403)
      • MSIP&IITP (2015-0-00914)
      • ICT R&D program of MSICT/IITP (2017-0-00045 Hyper-connected Intelligent Infrastructure Technology Development)

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      CCS '19
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      CCS '19 Paper Acceptance Rate 149 of 934 submissions, 16%;
      Overall Acceptance Rate 1,261 of 6,999 submissions, 18%

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      CCS '24
      ACM SIGSAC Conference on Computer and Communications Security
      October 14 - 18, 2024
      Salt Lake City , UT , USA

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      Cited By

      View all
      • (2024)A Novel Endorsement Protocol to Secure BFT-Based Consensus in Permissionless Blockchain2024 IEEE Wireless Communications and Networking Conference (WCNC)10.1109/WCNC57260.2024.10570504(1-6)Online publication date: 21-Apr-2024
      • (2024)An Optimized Privacy-Protected Blockchain System for Supply Chain on Internet of ThingsIEEE Internet of Things Journal10.1109/JIOT.2023.332188911:5(9019-9030)Online publication date: 1-Mar-2024
      • (2023)Securing the Cyber Resilience of a Blockchain-Based Railroad Non-Stop Customs Clearance SystemSensors10.3390/s2306291423:6(2914)Online publication date: 8-Mar-2023
      • (2023)Sybil in the Haystack: A Comprehensive Review of Blockchain Consensus Mechanisms in Search of Strong Sybil Attack ResistanceAlgorithms10.3390/a1601003416:1(34)Online publication date: 6-Jan-2023
      • (2023)Development and Research of a Simulator to Improve Proof-of-Work Blockchain Technology2023 IEEE 1st Ukrainian Distributed Ledger Technology Forum (UADLTF)10.1109/UADLTF61495.2023.10549557(1-5)Online publication date: 27-Oct-2023
      • (2023)TokenLink: a secure loyalty point exchange system powered by smart contractsInternational Journal of Computers and Applications10.1080/1206212X.2023.229359246:3(152-166)Online publication date: 20-Dec-2023
      • (2023)AWI-BS: An adaptive weight incentive for blockchain shardingJournal of Information and Intelligence10.1016/j.jiixd.2023.01.0011:2(87-103)Online publication date: Jul-2023
      • (2023)A survey on blockchain shardingISA Transactions10.1016/j.isatra.2023.06.029141(30-43)Online publication date: Oct-2023
      • (2023)GradingShard: A new sharding protocol to improve blockchain throughputPeer-to-Peer Networking and Applications10.1007/s12083-023-01466-016:3(1327-1339)Online publication date: 28-Apr-2023
      • (2022)Regulatable and Hardware-Based Proof of Stake to Approach Nothing At Stake and Long Range AttacksIEEE Transactions on Services Computing10.1109/TSC.2022.3201568(1-12)Online publication date: 2022
      • Show More Cited By

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