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HLF-Kubed: Blockchain-Based Resource Monitoring for Edge Clusters HLF-Kubed:基于区块链的边缘集群资源监控
IF 0.7
Ledger Pub Date : 2022-01-01 DOI: 10.5195/ledger.2022.230
Achilleas Tzenetopoulos, Dimosthenis Masouros, Nikolaos Kapsoulis, A. Litke, D. Soudris, T. Varvarigou
{"title":"HLF-Kubed: Blockchain-Based Resource Monitoring for Edge Clusters","authors":"Achilleas Tzenetopoulos, Dimosthenis Masouros, Nikolaos Kapsoulis, A. Litke, D. Soudris, T. Varvarigou","doi":"10.5195/ledger.2022.230","DOIUrl":"https://doi.org/10.5195/ledger.2022.230","url":null,"abstract":". In the past several years, there has been an increased usage of smart, always-connected devices at the edge of the network, which provide real-time contextual information with low overhead to optimize processes and improve how companies and individuals interact, work, and live. The efficient management of this huge pool of devices requires runtime monitoring to identify potential performance bottlenecks and physical defects. Typical solutions, where monitoring data are aggregated in a centralized manner, soon become inefficient, as they are unable to handle the increased load and become single points of failure. In addition, the resource-constrained nature of edge devices calls for low-overhead monitoring systems. In this paper, we propose HLF-Kubed , a blockchain-based, highly available framework for monitoring edge devices, leveraging distributed ledger technology. HLF-Kubed builds upon Kubernetes container orchestrator and HyperLedger Fabric frameworks and implements a smart contract through an external chaincode for resource usage storing and querying. Our experimental results show that our proposed setup forms a low-overhead monitoring solution, with an average of 448 MB of memory and 6.8% CPU usage, while introducing 1.1s end-to-end latency for store operation and 0.6s for ledger querying respectively.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70754387","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A Note on the Cover Art for Volume 6 (2021) 2021年第6卷封面艺术札记
IF 0.7
Ledger Pub Date : 2021-12-16 DOI: 10.5195/ledger.2021.259
Ledger
{"title":"A Note on the Cover Art for Volume 6 (2021)","authors":"Ledger","doi":"10.5195/ledger.2021.259","DOIUrl":"https://doi.org/10.5195/ledger.2021.259","url":null,"abstract":"","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2021-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45337853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Decentralized Identity-Based Blockchain Solution for Privacy-Preserving Licensing of Individual-Controlled Data to Prevent Unauthorized Secondary Data Usage 一种基于身份的去中心化区块链解决方案,用于个人受控数据的隐私保护许可,以防止未经授权的二次数据使用
IF 0.7
Ledger Pub Date : 2021-11-23 DOI: 10.5195/ledger.2021.239
Meng-Chow Kang, V. Lemieux
{"title":"A Decentralized Identity-Based Blockchain Solution for Privacy-Preserving Licensing of Individual-Controlled Data to Prevent Unauthorized Secondary Data Usage","authors":"Meng-Chow Kang, V. Lemieux","doi":"10.5195/ledger.2021.239","DOIUrl":"https://doi.org/10.5195/ledger.2021.239","url":null,"abstract":"This paper presents a design for a blockchain solution aimed at the prevention of unauthorized secondary use of data. This solution brings together advances from the fields of identity management, confidential computing, and advanced data usage control. In the area of identity management, the solution is aligned with emerging decentralized identity standards: decentralized identifiers (DIDs), DID communication and verifiable credentials (VCs). In respect to confidential computing, the Cheon-Kim-Kim-Song (CKKS) fully homomorphic encryption (FHE) scheme is incorporated with the system to protect the privacy of the individual’s data and prevent unauthorized secondary use when being shared with potential users. In the area of advanced data usage control, the solution leverages the PRIV-DRM solution architecture to derive a novel approach to licensing of data usage to prevent unauthorized secondary usage of data held by individuals. Specifically, our design covers necessary roles in the data-sharing ecosystem: the issuer of personal data, the individual holder of the personal data (i.e., the data subject), a trusted data storage manager, a trusted license distributor, and the data consumer. The proof-of-concept implementation utilizes the decentralized identity framework being developed by the Hyperledger Indy/Aries project. A genomic data licensing use case is evaluated, which shows the feasibility and scalability of the solution.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2021-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47547424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
Strategic Diversification for Asynchronous Asset Trading: Insights from Generalized Coherence Analysis of Cryptocurrency Price Movements 异步资产交易的战略多元化:加密货币价格波动的广义一致性分析
IF 0.7
Ledger Pub Date : 2021-09-23 DOI: 10.5195/ledger.2021.227
Nirvik Sinha, Yuan Yang
{"title":"Strategic Diversification for Asynchronous Asset Trading: Insights from Generalized Coherence Analysis of Cryptocurrency Price Movements","authors":"Nirvik Sinha, Yuan Yang","doi":"10.5195/ledger.2021.227","DOIUrl":"https://doi.org/10.5195/ledger.2021.227","url":null,"abstract":"Non-linear interactions between cryptocurrency price movements can elicit cross-frequency coupling (CFC) wherein one set of frequencies in the 1st timeseries is coupled to another set of frequencies in the 2nd timeseries. To investigate this, we use a generalized coherence approach to detect and quantify both linear (i.e., iso-frequency coupling, IFC) and non-linear coherence (CFC) and the associated phase relationships between the intra-day price changes of various pairs of cryptocurrencies for the year 2020. Using this information, we further assess the risk reduction associated with diversification of portfolios between each pair of a small market capital and a large market capital cryptocurrency, for both synchronous and asynchronous trading conditions. While mean pairwise IFC values were lower for smaller cryptocurrencies, pairwise CFC values were more heterogeneous and had no correlation with the market capital size. Diversification of portfolios resulted in reduced risk for synchronously-traded pairs of those cryptocurrencies which had low IFC. For asynchronous trading conditions, if the larger market capital cryptocurrency was traded at a higher frequency, diversification almost always reduced risk. Thus, the novel approach used in this study reveals important insights into the complex dynamics that govern the price trends of cryptocurrencies.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2021-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47339662","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
On the Intraday Behavior of Bitcoin 关于比特币的盘中行为
IF 0.7
Ledger Pub Date : 2021-07-12 DOI: 10.5195/LEDGER.2021.213
Giacomo De Nicola
{"title":"On the Intraday Behavior of Bitcoin","authors":"Giacomo De Nicola","doi":"10.5195/LEDGER.2021.213","DOIUrl":"https://doi.org/10.5195/LEDGER.2021.213","url":null,"abstract":"We analyze the intraday time series of Bitcoin, comparing its features with those of traditional financial assets such as stocks and exchange rates. The results shed light on similarities as well as significant deviations from the standard patterns. In particular, our most interesting finding is the unusual presence of significant negative first-order autocorrelation of returns calculated on medium-frequency timeframes, such as one, two and four hours, signaling the presence of systematic mean reversion. It is also found that larger price movements lead to stronger reversals, in percentage terms. We finally point out the potential exploitability of the phenomenon by implementing a basic algorithmic trading strategy and retroactively applying it to the data. We explain the findings mainly through (i) investor and trader overreaction, (ii) excess volatility and (iii) cascading liquidations due to excessive use of leverage by market participants.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2021-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48659860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Enhancing Electronic Voting With A Dual-Blockchain Architecture 利用双区块链架构增强电子投票
IF 0.7
Ledger Pub Date : 2021-03-19 DOI: 10.5195/LEDGER.2021.199
Kees Leune, Jai Punjwani
{"title":"Enhancing Electronic Voting With A Dual-Blockchain Architecture","authors":"Kees Leune, Jai Punjwani","doi":"10.5195/LEDGER.2021.199","DOIUrl":"https://doi.org/10.5195/LEDGER.2021.199","url":null,"abstract":"Voting is one of the most fundamental aspects of democracy. Over the past few decades, voting methods around the world have expanded from traditional paper ballot systems to electronic voting (e-voting), in which votes are written directly to computer memory. Like any computer system, voting machines are susceptible to technical vulnerabilities that open up opportunities for hackers to tamper with votes, causing the use of electronic voting technology to raise concerns about ballot security. We describe how electronic voting can be supported by blockchain technology to ensure voter secrecy, vote correctness, and equal voting rights. In this paper, we present a system using two separate blockchains, each with separate transactions and consensus algorithms. We describe a prototype implementation that validates our ideas by executing several proof-of-concept simulations of a range of voting scenarios.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2021-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45038972","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
New Crypto-Secured Lending System with a Two-Way Collateral Function 具有双向担保功能的新型加密担保贷款系统
IF 0.7
Ledger Pub Date : 2021-01-01 DOI: 10.5195/ledger.2021.215
Sungil Kim
{"title":"New Crypto-Secured Lending System with a Two-Way Collateral Function","authors":"Sungil Kim","doi":"10.5195/ledger.2021.215","DOIUrl":"https://doi.org/10.5195/ledger.2021.215","url":null,"abstract":"All existing secured loans, including crypto-secured loans, are provided under the condition that the collateral entrusted by the borrower is kept safe during the loan term. In other words, they use a one-way collateral function. Thus, a frequent drawback of these loans is that the collateral value increases if and only if the collateral price increases. To resolve this problem, this paper proposes a new crypto-secured lending system incorporating a new two-way collateral function. It would allow a borrower to invest proportions of their own collateral by predicting the market in both directions to make profits irrespective of whether the price of the collateral increases or decreases. This benefits the borrower since profit can be made even if the price of the collateral drops, by betting on the price decrease. This new lending system could include a new hedged portion, unlike traditional secured lending systems. As a result, larger loans can be made under this arrangement; further, this portion provides the advantage of reducing the underlying collateral price volatility risk.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70754381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Benchmarking Bitcoin Adoption in Canada: Awareness, Ownership and Usage in 2018 加拿大比特币采用的基准:2018年的意识、所有权和使用
IF 0.7
Ledger Pub Date : 2020-11-10 DOI: 10.5195/ledger.2020.206
Kim P. Huynh, Christopher S. Henry, Gradon Nicholls, Mitchell Nicholson
{"title":"Benchmarking Bitcoin Adoption in Canada: Awareness, Ownership and Usage in 2018","authors":"Kim P. Huynh, Christopher S. Henry, Gradon Nicholls, Mitchell Nicholson","doi":"10.5195/ledger.2020.206","DOIUrl":"https://doi.org/10.5195/ledger.2020.206","url":null,"abstract":"The Bank of Canada commissioned the Bitcoin Omnibus Survey in 2016 to monitor trends in the adoption and use of Bitcoin and other cryptoassets. This report presents findings from the latest iteration of the survey, which was conducted in 2018. We find that between 2016 and 2018 the share of Canadians who were aware of Bitcoin increased from 62 percent to 89 percent and those that owned Bitcoin increased from 3 percent to 5 percent. However, the share of past owners also increased, suggesting an influx of Bitcoin owners who subsequently divested after the steep rise of prices in 2017. The main reason for owning Bitcoin remains speculation, though this share decreased slightly since 2017. On the other hand, the share of Canadians who reported using Bitcoin for transactions a few times a month or more increased. Finally, we discuss how Bitcoin adopters differ from overall Canadians with respect to their financial literacy and cash holdings.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2020-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48884776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Legitimizing Bitcoin as a Currency and Store of Value: Using Discrete Monetary Units to Consolidate Value and Drive Market Growth 将比特币作为货币和价值储存合法化:使用离散货币单位巩固价值并推动市场增长
IF 0.7
Ledger Pub Date : 2020-04-06 DOI: 10.5195/ledger.2020.167
Chad Albrecht, S. Hawkins, Kristopher McKay Duffin
{"title":"Legitimizing Bitcoin as a Currency and Store of Value: Using Discrete Monetary Units to Consolidate Value and Drive Market Growth","authors":"Chad Albrecht, S. Hawkins, Kristopher McKay Duffin","doi":"10.5195/ledger.2020.167","DOIUrl":"https://doi.org/10.5195/ledger.2020.167","url":null,"abstract":"Cryptocurrency, and especially Bitcoin, has struggled to gain recognition as a legitimate currency from governments, financial institutions, and consumers. This has occurred because many analysts and consumers believe that Bitcoin is not a stable and consistent store of value, a unit of measurement, or a medium of exchange. One way to overcome this challenge is for Bitcoin to be used as both a currency and store of value by a greater percentage of the world’s population. This paper seeks to identify how a change in Bitcoin’s monetary measurement (or denomination) can more easily facilitate Bitcoin transactions to increase its use. Specifically, we posit that applying whole number bias theory, from the cognitive psychology and mathematics fields, to Bitcoin’s unit of measurement will allow the value of Bitcoin to be referenced in smaller and easier tounderstand units with fewer numbers after the decimal point—such as the “Bit” or the “Satoshi.” In the process, the use of Bitcoin will include more whole numbers and allow the general public to more easily assign value to Bitcoin in day-to-day transactions.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2020-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41947107","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Real-Time Block Rate Targeting 实时块率定位
IF 0.7
Ledger Pub Date : 2020-04-06 DOI: 10.5195/ledger.2020.195
T. M. Harding
{"title":"Real-Time Block Rate Targeting","authors":"T. M. Harding","doi":"10.5195/ledger.2020.195","DOIUrl":"https://doi.org/10.5195/ledger.2020.195","url":null,"abstract":"A proof-of-work blockchain uses a retargeting algorithm, also termed a difficulty adjustment algorithm, to manage the rate of block production in the presence of changing hashrate. To derive the parameters that guide the search for the next block, nearly all such algorithms rely on averages of past inter-block time observations, as measured by on-chain timestamps. We are motivated to seek better responsiveness to changing hashrate, while improving stability of the block production rate and retaining the progress-free property of mining. We describe a class of retargeting algorithms for which the sole inter-block time input is that of the block being searched for, and whose response is nonlinear in that time. We discuss how these algorithms allow the other consensus rules that govern allowable timestamps to be tightened, which may improve the blockchain’s effectiveness as a time-stamping machine.","PeriodicalId":36240,"journal":{"name":"Ledger","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2020-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43823077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
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