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Proceedings ArticleDOI

A Secure Sharding Protocol For Open Blockchains

TLDR
ELASTICO is the first candidate for a secure sharding protocol with presence of byzantine adversaries, and scalability experiments on Amazon EC2 with up to $1, 600$ nodes confirm ELASTICO's theoretical scaling properties.
Abstract
Cryptocurrencies, such as Bitcoin and 250 similar alt-coins, embody at their core a blockchain protocol --- a mechanism for a distributed network of computational nodes to periodically agree on a set of new transactions. Designing a secure blockchain protocol relies on an open challenge in security, that of designing a highly-scalable agreement protocol open to manipulation by byzantine or arbitrarily malicious nodes. Bitcoin's blockchain agreement protocol exhibits security, but does not scale: it processes 3--7 transactions per second at present, irrespective of the available computation capacity at hand. In this paper, we propose a new distributed agreement protocol for permission-less blockchains called ELASTICO. ELASTICO scales transaction rates almost linearly with available computation for mining: the more the computation power in the network, the higher the number of transaction blocks selected per unit time. ELASTICO is efficient in its network messages and tolerates byzantine adversaries of up to one-fourth of the total computational power. Technically, ELASTICO uniformly partitions or parallelizes the mining network (securely) into smaller committees, each of which processes a disjoint set of transactions (or "shards"). While sharding is common in non-byzantine settings, ELASTICO is the first candidate for a secure sharding protocol with presence of byzantine adversaries. Our scalability experiments on Amazon EC2 with up to $1, 600$ nodes confirm ELASTICO's theoretical scaling properties.

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Citations
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Book ChapterDOI

Formalizing Delayed Adaptive Corruptions and the Security of Flooding Networks

TL;DR: In this article , the authors show that a sufficiently delayed adversary can corrupt any constant fraction of the nodes in a gossip network, but not all nodes in the gossip network at the same time.
Proceedings ArticleDOI

Tiny Groups Tackle Byzantine Adversaries

TL;DR: In this article, the authors consider an attacker that controls a constant fraction of the total computational resources in the system and demonstrate how to reduce the group size exponentially to O(log log n) while maintaining strong security guarantees.
Journal ArticleDOI

On the Blockchain-Based Decentralized Data Sharing for Event Based Encryption to Combat Adversarial Attacks

TL;DR: This research proposes a variant of Attribute-Based Encryption (ABE), called EBE, that will help avoid adversarial attacks and introduces a decentralized data sharing network powered by the blockchain technology that ensures data undergoes a thorough vetting process before it is accepted to the network.
Journal ArticleDOI

Scalable blockchain storage systems: research progress and models

Xing Fan, +2 more
- 28 Feb 2022 - 
TL;DR: The study finds that the key to realizing scalable Blockchain storage systems is to deal with the contradiction between data redundancy and its decentralization characteristic and proposes the node-based scalable model for Blockchain storage system (SMBSS).
Proceedings ArticleDOI

Fusion of Named Data Networking and Blockchain for Resilient Internet-of-Battlefield-Things

TL;DR: This paper investigates an approach that merges blockchain and NDN to efficiently utilize the resources of these resource-constrained nodes by only storing relevant information on each node's ledger and proposes a sharding technique called an Interest Group and introduces a novel consensus mechanism called Proof of Common Interest.
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Proceedings ArticleDOI

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