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

Submitted by grigby1 on Tue, 03/09/2021 - 2:48pm

Title	Evaluation of Security and Performance of Master Node Protocol in the Bitcoin Peer-to-Peer Network
Publication Type	Conference Paper
Year of Publication	2020
Authors	Sallal, M., Owenson, G., Adda, M.
Conference Name	2020 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)
Date Published	May 2020
Publisher	IEEE
ISBN Number	978-1-7281-6680-3
Keywords	bitcoin, Bitcoin network, Bitcoin peer-to-peer network, clustering, current Bitcoin protocol, delay overhead, delays, Electronic mail, electronic money, Human Behavior, human factors, information propagation delay, logical neighbors, Master Node protocol, Metrics, named Master Node, peer to peer security, Peer-to-peer computing, physical topology, propagation delay, Protocols, proximity-aware extensions, pubcrawl, Resiliency, 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.
URL	https://ieeexplore.ieee.org/document/9169393
DOI	10.1109/ICBC48266.2020.9169393
Citation Key	sallal_evaluation_2020

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