Wireless May Benefit Blockchain
Wireless technologies now take every part of one’s everyday life. As such, it will be no longer a surprise if a blockchain system is composed of wirelessly connected nodes. However, wireless communication is known for its inherent unreliability caused by noise, interference, limited bandwidth, etc....
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MDPI AG
2024-12-01
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Online Access: | https://www.mdpi.com/2076-3417/15/1/334 |
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author | Seungmo Kim Junsung Choi |
author_facet | Seungmo Kim Junsung Choi |
author_sort | Seungmo Kim |
collection | DOAJ |
description | Wireless technologies now take every part of one’s everyday life. As such, it will be no longer a surprise if a blockchain system is composed of wirelessly connected nodes. However, wireless communication is known for its inherent unreliability caused by noise, interference, limited bandwidth, etc. Motivated by this fundamental problem, this paper investigates the impact of wireless communications on the performance of three representative consensus mechanisms, viz., proof of work (PoW), proof of stake (PoS), and proof of coverage (PoC). It features a comprehensive analytical framework that mathematically derives metrics quantifying the scalability and the level of decentralization of the three consensus mechanisms, constituting a key contribution of this work. The paper then proceeds to present extensive simulation results as a means to confirm the underpinning theoretical findings. Overall, we emphasize that the framework’s holisticity will allow it to be applied to diverse consensus mechanisms. |
format | Article |
id | doaj-art-80d61ca34ffd40eca7ce72ca8ba0929b |
institution | Kabale University |
issn | 2076-3417 |
language | English |
publishDate | 2024-12-01 |
publisher | MDPI AG |
record_format | Article |
series | Applied Sciences |
spelling | doaj-art-80d61ca34ffd40eca7ce72ca8ba0929b2025-01-10T13:15:12ZengMDPI AGApplied Sciences2076-34172024-12-0115133410.3390/app15010334Wireless May Benefit BlockchainSeungmo Kim0Junsung Choi1Department of Electrical and Computer Engineering, Georgia Southern University, Statesboro, GA 30460, USASchool of Information and Communication Engineering, Chungbuk National University, Cheongju 28644, Republic of KoreaWireless technologies now take every part of one’s everyday life. As such, it will be no longer a surprise if a blockchain system is composed of wirelessly connected nodes. However, wireless communication is known for its inherent unreliability caused by noise, interference, limited bandwidth, etc. Motivated by this fundamental problem, this paper investigates the impact of wireless communications on the performance of three representative consensus mechanisms, viz., proof of work (PoW), proof of stake (PoS), and proof of coverage (PoC). It features a comprehensive analytical framework that mathematically derives metrics quantifying the scalability and the level of decentralization of the three consensus mechanisms, constituting a key contribution of this work. The paper then proceeds to present extensive simulation results as a means to confirm the underpinning theoretical findings. Overall, we emphasize that the framework’s holisticity will allow it to be applied to diverse consensus mechanisms.https://www.mdpi.com/2076-3417/15/1/334blockchainconsensusBFTscalabilitydecentralization |
spellingShingle | Seungmo Kim Junsung Choi Wireless May Benefit Blockchain Applied Sciences blockchain consensus BFT scalability decentralization |
title | Wireless May Benefit Blockchain |
title_full | Wireless May Benefit Blockchain |
title_fullStr | Wireless May Benefit Blockchain |
title_full_unstemmed | Wireless May Benefit Blockchain |
title_short | Wireless May Benefit Blockchain |
title_sort | wireless may benefit blockchain |
topic | blockchain consensus BFT scalability decentralization |
url | https://www.mdpi.com/2076-3417/15/1/334 |
work_keys_str_mv | AT seungmokim wirelessmaybenefitblockchain AT junsungchoi wirelessmaybenefitblockchain |