2021 · 20 citations · 18 references
Power ConsumptionBlockchain Consensus ProtocolDecentralized SecurityEngineeringConsensus MechanismIot-blockchain ApplicationsDistributed Sensor NetworksInformation SecurityIot NetworkCloud ComputingBlockchain ProtocolIot SecurityInternet Of ThingsHonesty-based Distributed ProofBlockchainAuthority Consensus AlgorithmData SecurityCryptography
Integrating blockchain into Internet of Things (IoT) systems can offer many advantages to users and organizations. It provides the IoT network with the capability to distribute computation over many devices and improves the network's security by enhancing information integrity, ensuring accountability, and providing a way to implement better access control. The consensus mechanism is an essential part of any IoT-blockchain platform. In this paper, a novel consensus mechanism based on Proof-of-Authority (PoA) and Proof-of-Work (PoW) is proposed. The security advantages provided by PoW have been realized, and its long confirmation time can be mitigated by combining it with PoA in a single consensus mechanism called Honesty-based Distributed Proof-of-Authority (HDPoA) via scalable work. The measured results of transaction confirmation time and power consumption, and the analyses of security aspects have shown that HDPoA is a suitable and secure protocol for deployment within blockchain-based IoT applications.
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Energy Consumption, Blockchain Consensus Protocol, Fintech +15