Blockchains and Smart Contracts for the Internet of Things
Citations
63 citations
Cites background from "Blockchains and Smart Contracts for..."
...The Internet of Things has been widely embedded to nowadays technological life style on a daily basis and its intersections with cryptocurrency technologies are inevitable [43]....
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...Blockchain technology has shown its advantages and attracted the attention of applications in a wide range of subjects in addition to the finance and banking sector [41], such as smart contracts [42,43], insurance [44], education [45], digital identity [46], healthcare [47], food supply [48], governance [49], energy [50,51], digital rights [52], elections [53], and Internet of Things [54] (to name a few)....
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63 citations
63 citations
Cites background from "Blockchains and Smart Contracts for..."
...For instance, blockchain technology has found its applications in domains as varied as transaction processing, government cash management, clearing, medicine tracing, gambling, and personal credit management system [4, 6, 10, 11, 20, 29]....
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63 citations
Cites background from "Blockchains and Smart Contracts for..."
...A number of proposals relying on blockchain and smartcontract technologies, to validate transactions by facilitating and supporting the autonomous workflows and services sharing occurring among IoT devices, are described in [72] by highlighting their benefits in terms of payments, trading, shipping, and supply-chain management....
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62 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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