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Cross-Consensus Measurement of Individual-level Decentralization in Blockchains

  • Chao Li
  • , Balaji Palanisamy
  • , Runhua Xu*
  • , Li Duan
  • *此作品的通讯作者
  • Beijing Jiaotong University
  • University of Pittsburgh

科研成果: 书/报告/会议事项章节会议稿件同行评审

摘要

Decentralization is widely recognized as a crucial characteristic of blockchains that enables them to resist malicious attacks such as the 51% attack and the takeover attack. Prior research has primarily examined decentralization in blockchains employing the same consensus protocol or at the level of block producers. This paper presents the first individual-level measurement study comparing the decentralization of blockchains employing different consensus protocols. To facilitate cross-consensus evaluation, we present a two-level comparison framework and a new metric. We apply the proposed methods to Ethereum and Steem, two representative blockchains for which decentralization has garnered considerable interest. Our findings dive deeper into the level of decentralization, suggest the existence of centralization risk at the individual level in Steem, and provide novel insights into the cross-consensus comparison of decentralization in blockchains.

源语言英语
主期刊名Proceedings - 2023 IEEE 9th International Conference on Big Data Security on Cloud, IEEE International Conference on High Performance and Smart Computing, and IEEE International Conference on Intelligent Data and Security, BigDataSecurity-HPSC-IDS 2023
出版商Institute of Electrical and Electronics Engineers Inc.
45-50
页数6
ISBN(电子版)9798350312935
DOI
出版状态已出版 - 2023
活动9th IEEE International Conference on Big Data Security on Cloud, 9th IEEE International Conference on High Performance and Smart Computing and 9th IEEE International Conference on Intelligent Data and Security, BigDataSecurity-HPSC-IDS 2023 - New York, 美国
期限: 6 5月 20238 5月 2023

出版系列

姓名Proceedings - 2023 IEEE 9th International Conference on Big Data Security on Cloud, IEEE International Conference on High Performance and Smart Computing, and IEEE International Conference on Intelligent Data and Security, BigDataSecurity-HPSC-IDS 2023

会议

会议9th IEEE International Conference on Big Data Security on Cloud, 9th IEEE International Conference on High Performance and Smart Computing and 9th IEEE International Conference on Intelligent Data and Security, BigDataSecurity-HPSC-IDS 2023
国家/地区美国
New York
时期6/05/238/05/23

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