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Simulations of DAG-based Blockchain Protocols and Attacks on the PHANTOM Protocol via Transaction Selection Strategies

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26230%2F22%3APU145775" target="_blank" >RIV/00216305:26230/22:PU145775 - isvavai.cz</a>

  • Result on the web

    <a href="https://europen.cz/Anot/54-1/sbornik-54.pdf" target="_blank" >https://europen.cz/Anot/54-1/sbornik-54.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Simulations of DAG-based Blockchain Protocols and Attacks on the PHANTOM Protocol via Transaction Selection Strategies

  • Original language description

    This work explores the performance/scalability issues of blockchain protocols. Some existing solutions present a new concept of DAG-oriented blockchain protocols to address this problem. In contrast, in this work, we investigate two unique DAG-oriented blockchain protocols PHANTOM and GHOSTDAG and make a security analysis of their designs. To this end, we develop a custom simulator that extends the open-source simulation tool to support multiple chains within the protocol. We have empirically shown that these protocols cannot work in realistic scenarios and need to be redesigned.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2022

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Sborník příspevků z 54. konference EurOpen.CZ, 28.5.-1.6.2022

  • ISBN

    978-80-86583-34-1

  • ISSN

  • e-ISSN

  • Number of pages

    12

  • Pages from-to

    173-184

  • Publisher name

    Czech Open Systems User's Group

  • Place of publication

    Radešín

  • Event location

    Radešín

  • Event date

    May 29, 2022

  • Type of event by nationality

    CST - Celostátní akce

  • UT code for WoS article