Low powered blockchain consensus protocols based on consistent hash
Yu, Lei1,2; Zhao, Xiao-fang2; Jin, Yan2; Cai, Heng-yi1,2; Wei, Bo1,2; Hu, Bin1,2
刊名FRONTIERS OF INFORMATION TECHNOLOGY & ELECTRONIC ENGINEERING
2019-10-01
卷号20期号:10页码:1361-1377
关键词Blockchain Consensus protocol Consistent hash Low energy consumption Decentralization TP301
ISSN号2095-9184
DOI10.1631/FITEE.1800119
英文摘要Current blockchain consensus protocols have a triangle of contradictions in aspects of decentralization, security, and energy consumption, and cannot be synchronously optimized. We describe a design of two new blockchain consensus protocols, called "CHB-consensus" and "CHBD-consensus," based on a consistent hash algorithm. Honest miners can fairly gain the opportunity to create blocks. They do not consume any extra computational power resources when creating new blocks, and such blocks can obtain the whole blockchain network to confirm consensus with fairness. However, malicious miners have to pay massive computational power resources for attacking the new block creation privilege or double-spending. Blockchain networks formed by CHB-consensus and CHBD-consensus are based on the same security assumption as that in Bitcoin systems, so they save a huge amount of power without sacrificing decentralization or security. We analyze possible attacks and give a rigorous but adjustable validation strategy. CHB-consensus and CHBD-consensus introduce a certification authority (CA) system, which does not have special management or control rights over blockchain networks or data structures, but carries the risk of privacy breaches depending on credibility and reliability of the CA system. Here, we analyze the robustness and energy consumption of CHB-consensus and CHBD-consensus, and demonstrate their advantages through theoretical derivation.
资助项目National Natural Science Foundation of China[61672499] ; National Natural Science Foundation of China[61772502] ; National Natural Science Foundation of China[61972382] ; Key Special Project of Beijing Municipal Science & Technology Commission, China[Z181100003218018] ; Natural Science Foundation of Inner Mongolia ; Open Foundation of State Key Laboratory of Networking and Switching Technology of China[SKLNST-20162-09] ; SV-ICT Blockchain & DAPP Joint Lab of China ; ICT-SSC Blockchain Joint Lab of China
WOS研究方向Computer Science ; Engineering
语种英语
出版者ZHEJIANG UNIV
WOS记录号WOS:000496030700005
内容类型期刊论文
源URL[http://119.78.100.204/handle/2XEOYT63/14825]  
专题中国科学院计算技术研究所期刊论文_英文
通讯作者Yu, Lei
作者单位1.Univ Chinese Acad Sci, Beijing 100190, Peoples R China
2.Chinese Acad Sci, Inst Comp Technol, Beijing 100190, Peoples R China
推荐引用方式
GB/T 7714
Yu, Lei,Zhao, Xiao-fang,Jin, Yan,et al. Low powered blockchain consensus protocols based on consistent hash[J]. FRONTIERS OF INFORMATION TECHNOLOGY & ELECTRONIC ENGINEERING,2019,20(10):1361-1377.
APA Yu, Lei,Zhao, Xiao-fang,Jin, Yan,Cai, Heng-yi,Wei, Bo,&Hu, Bin.(2019).Low powered blockchain consensus protocols based on consistent hash.FRONTIERS OF INFORMATION TECHNOLOGY & ELECTRONIC ENGINEERING,20(10),1361-1377.
MLA Yu, Lei,et al."Low powered blockchain consensus protocols based on consistent hash".FRONTIERS OF INFORMATION TECHNOLOGY & ELECTRONIC ENGINEERING 20.10(2019):1361-1377.
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