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An efficient distributed and secure algorithm for transaction confirmation in IOTA using cloud computing

Alavizadeh, Alavieh Sadat ; Erfani, Seyed Hossein ; Mirabi, Meghdad ; Sahafi, Amir (2023)
An efficient distributed and secure algorithm for transaction confirmation in IOTA using cloud computing.
In: Journal of Supercomputing, 80 (2)
doi: 10.1007/s11227-023-05525-4
Artikel, Bibliographie

Kurzbeschreibung (Abstract)

In recent years, the development of IOTA, a new type of Distributed Ledger (DL) for internet of things (IoT), has gained significant attention. IOTA DL offers key features like scalability, fast and free transactions, making it an optimal choice for IoT devices. However, a major concern with IOTA DL is its reliance on a single coordinator for transaction confirmation. This default coordinator introduces issues of single point of failure and incomplete distribution. To address these limitations, this paper proposes the Multiple Coordinator Selection (MCS) algorithm. MCS aims to overcome the problem by involving multiple coordinators in the consensus process. Four metrics, namely "trust level," "distance from input transactions," "node activity," and "transaction distribution," are defined as properties for coordinator selection. Additionally, a checklist is employed to minimize the probability of collusion within the system. Furthermore, the paper introduces a three-layered architecture based on cloud and fog computing, where the MCS algorithm is implemented. Experimental results demonstrate improved security and distribution of the system, while reducing the chances of collusion and single point of failure.

Typ des Eintrags: Artikel
Erschienen: 2023
Autor(en): Alavizadeh, Alavieh Sadat ; Erfani, Seyed Hossein ; Mirabi, Meghdad ; Sahafi, Amir
Art des Eintrags: Bibliographie
Titel: An efficient distributed and secure algorithm for transaction confirmation in IOTA using cloud computing
Sprache: Englisch
Publikationsjahr: 19 Juli 2023
Verlag: Springer
Titel der Zeitschrift, Zeitung oder Schriftenreihe: Journal of Supercomputing
Jahrgang/Volume einer Zeitschrift: 80
(Heft-)Nummer: 2
DOI: 10.1007/s11227-023-05525-4
URL / URN: https://link.springer.com/article/10.1007/s11227-023-05525-4
Kurzbeschreibung (Abstract):

In recent years, the development of IOTA, a new type of Distributed Ledger (DL) for internet of things (IoT), has gained significant attention. IOTA DL offers key features like scalability, fast and free transactions, making it an optimal choice for IoT devices. However, a major concern with IOTA DL is its reliance on a single coordinator for transaction confirmation. This default coordinator introduces issues of single point of failure and incomplete distribution. To address these limitations, this paper proposes the Multiple Coordinator Selection (MCS) algorithm. MCS aims to overcome the problem by involving multiple coordinators in the consensus process. Four metrics, namely "trust level," "distance from input transactions," "node activity," and "transaction distribution," are defined as properties for coordinator selection. Additionally, a checklist is employed to minimize the probability of collusion within the system. Furthermore, the paper introduces a three-layered architecture based on cloud and fog computing, where the MCS algorithm is implemented. Experimental results demonstrate improved security and distribution of the system, while reducing the chances of collusion and single point of failure.

Fachbereich(e)/-gebiet(e): 20 Fachbereich Informatik
20 Fachbereich Informatik > Data and AI Systems
Hinterlegungsdatum: 07 Mär 2024 12:59
Letzte Änderung: 07 Mär 2024 12:59
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