Blockchains and Smart Contracts for the Internet of Things
Citations
31 citations
31 citations
Cites background from "Blockchains and Smart Contracts for..."
...Another study that focused on the use of smart contracts in the context of IoT [12] and presents important aspects and different points of view regarding the benefit of using smart contracts....
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31 citations
Cites background from "Blockchains and Smart Contracts for..."
..., self-executing, self-enforcing protocols) among IIoT devices can be recorded on blockchain as a smart contract [6] and executed automatically to greatly improve transaction efficiency [1]....
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31 citations
Cites background from "Blockchains and Smart Contracts for..."
...There are several reviews relating blockchain, mainly focused on: different consensus protocols [5]; currency aspect of blockchain [1,6,7]; different areas of applications such as in IoT [4], healthcare, education, voting system, government; security aspect [8,9]....
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...Smart contracts are essentially a piece of code executed on a decentralized virtual machine, EVM [4]....
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31 citations
References
5,208 citations
4,901 citations
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4,816 citations
"Blockchains and Smart Contracts for..." refers background in this paper
...Because of the Sybil attack [15], consensus in public networks is costly...
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...anyone can join though, this would be catastrophic because of the Sybil attack [15]: a single entity could join with multiple identities, get multiple votes, and thus influence the network to favor this entity’s interests....
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3,562 citations
"Blockchains and Smart Contracts for..." refers background or methods in this paper
...5If more than 3f + 1 nodes are used, then the quorum thresholds listed in [26] may lead to forks....
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...Tendermint vs PBFT—Tendermint....
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...Sieve [38], a mechanism used in the HyperLedger Fabric project, augments the PBFT algorithm [26] by adding speculative execution and verification phases, inspired by the execute-verify architecture presented in [39]....
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...Tendermint [32] provides BFT tolerance and is similar to the PBFT algorithm; however it provides a tighter guarantee with regards to the results returned to the client when more than one third of the nodes are faulty, and allows for a dynamically changing set of set of validators, and leaders that can be rotated in a round-robin manner, among other optimizations [33]....
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...PBFT works on the assumption that less than one third of the nodes are faulty (f ), which is why say that it requires at least5 3f + 1 nodes....
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1,811 citations
"Blockchains and Smart Contracts for..." refers methods in this paper
...popular Raft algorithm [30], is used as a consensus mechanism in Juno [31]....
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