Visible to the public Evaluation of Security and Performance of Master Node Protocol in the Bitcoin Peer-to-Peer Network

TitleEvaluation of Security and Performance of Master Node Protocol in the Bitcoin Peer-to-Peer Network
Publication TypeConference Paper
Year of Publication2020
AuthorsSallal, M., Owenson, G., Adda, M.
Conference Name2020 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)
Date PublishedMay 2020
PublisherIEEE
ISBN Number978-1-7281-6680-3
Keywordsbitcoin, Bitcoin network, Bitcoin peer-to-peer network, clustering, current Bitcoin protocol, delay overhead, delays, Electronic mail, electronic money, Human Behavior, information propagation delay, logical neighbors, Master Node protocol, named Master Node, Peer-to-peer computing, physical topology, propagation delay, Protocols, proximity-aware extensions, pubcrawl, Scalability, security, telecommunication network topology
Abstract

The mechanism of peers randomly choosing logical neighbors without any knowledge about underlying physical topology can cause a delay overhead in information propagation which makes the system vulnerable to double spend attacks. This paper introduces a proximity-aware extensions to the current Bitcoin protocol, named Master Node Based Clustering (MNBC). The ultimate purpose of the proposed protocol is to improve the information propagation delay in the Bitcoin network.

URLhttps://ieeexplore.ieee.org/document/9169393
DOI10.1109/ICBC48266.2020.9169393
Citation Keysallal_evaluation_2020