{"title":"HybridChain: Fast, Accurate, and Secure Transaction Processing With Distributed Learning","authors":"Amirhossein Taherpour;Xiaodong Wang","doi":"10.1109/TPDS.2024.3381593","DOIUrl":null,"url":null,"abstract":"In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which currently hinder their widespread adoption. This paper introduces HybridChain that combines the advantages of sharded blockchain and DAG distributed ledger, and a consensus algorithm that leverages decentralized learning. Our approach involves validators exchanging perceptions as votes to assess potential conflicts between transactions and the witness set, representing input transactions in the UTXO model. These perceptions collectively contribute to an intermediate belief regarding the validity of transactions. By integrating their beliefs with those of other validators, localized decisions are made to determine validity. Ultimately, a final consensus is achieved through a majority vote, ensuring precise and efficient validation of transactions. Our proposed approach is compared to the existing DAG-based scheme IOTA and the sharded blockchain Omniledger through extensive simulations. The results show that IOTA has high throughput and low latency but sacrifices accuracy and is vulnerable to orphanage attacks especially with low transaction rates. Omniledger achieves stable accuracy by increasing shards but has increased latency. In contrast, the proposed HybridChain exhibits fast, accurate, and secure transaction processing, and excellent scalability.","PeriodicalId":13257,"journal":{"name":"IEEE Transactions on Parallel and Distributed Systems","volume":null,"pages":null},"PeriodicalIF":5.6000,"publicationDate":"2024-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"IEEE Transactions on Parallel and Distributed Systems","FirstCategoryId":"94","ListUrlMain":"https://ieeexplore.ieee.org/document/10480262/","RegionNum":2,"RegionCategory":"计算机科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"COMPUTER SCIENCE, THEORY & METHODS","Score":null,"Total":0}
引用次数: 0
Abstract
In order to fully unlock the transformative power of distributed ledgers and blockchains, it is crucial to develop innovative consensus algorithms that can overcome the obstacles of security, scalability, and interoperability, which currently hinder their widespread adoption. This paper introduces HybridChain that combines the advantages of sharded blockchain and DAG distributed ledger, and a consensus algorithm that leverages decentralized learning. Our approach involves validators exchanging perceptions as votes to assess potential conflicts between transactions and the witness set, representing input transactions in the UTXO model. These perceptions collectively contribute to an intermediate belief regarding the validity of transactions. By integrating their beliefs with those of other validators, localized decisions are made to determine validity. Ultimately, a final consensus is achieved through a majority vote, ensuring precise and efficient validation of transactions. Our proposed approach is compared to the existing DAG-based scheme IOTA and the sharded blockchain Omniledger through extensive simulations. The results show that IOTA has high throughput and low latency but sacrifices accuracy and is vulnerable to orphanage attacks especially with low transaction rates. Omniledger achieves stable accuracy by increasing shards but has increased latency. In contrast, the proposed HybridChain exhibits fast, accurate, and secure transaction processing, and excellent scalability.
期刊介绍:
IEEE Transactions on Parallel and Distributed Systems (TPDS) is published monthly. It publishes a range of papers, comments on previously published papers, and survey articles that deal with the parallel and distributed systems research areas of current importance to our readers. Particular areas of interest include, but are not limited to:
a) Parallel and distributed algorithms, focusing on topics such as: models of computation; numerical, combinatorial, and data-intensive parallel algorithms, scalability of algorithms and data structures for parallel and distributed systems, communication and synchronization protocols, network algorithms, scheduling, and load balancing.
b) Applications of parallel and distributed computing, including computational and data-enabled science and engineering, big data applications, parallel crowd sourcing, large-scale social network analysis, management of big data, cloud and grid computing, scientific and biomedical applications, mobile computing, and cyber-physical systems.
c) Parallel and distributed architectures, including architectures for instruction-level and thread-level parallelism; design, analysis, implementation, fault resilience and performance measurements of multiple-processor systems; multicore processors, heterogeneous many-core systems; petascale and exascale systems designs; novel big data architectures; special purpose architectures, including graphics processors, signal processors, network processors, media accelerators, and other special purpose processors and accelerators; impact of technology on architecture; network and interconnect architectures; parallel I/O and storage systems; architecture of the memory hierarchy; power-efficient and green computing architectures; dependable architectures; and performance modeling and evaluation.
d) Parallel and distributed software, including parallel and multicore programming languages and compilers, runtime systems, operating systems, Internet computing and web services, resource management including green computing, middleware for grids, clouds, and data centers, libraries, performance modeling and evaluation, parallel programming paradigms, and programming environments and tools.