A Coordination Technique for Improving Scalability of Byzantine Fault-Tolerant Consensus

Among various consensus algorithms, the Byzantine Fault Tolerance (BFT)-based consensus algorithms are broadly used for private blockchain. However, as BFT-based consensus algorithms are structured for all participants to take part in a consensus process, a scalability issue becomes more noticeable. In this approach, we introduce a consensus coordinator to execute a conditionally BFT-based consensus algorithm by classifying transactions. Transactions are divided into equal and unequal transactions. Moreover, unequal transactions are divided again and classified as common and trouble transactions. After that, a consensus algorithm is only executed for trouble transactions, and BFT-based consensus algorithms can achieve scalability. For evaluating our approach, we carried out three experiments in response to three research questions. By applying our approach to PBFT, we obtained 4.75 times better performance than using only PBFT. In the other experiment, we applied our approach to IBFT of Hyperledger Besu, and our result shows a 61.81% performance improvement. In all experiments depending on the change of the number of blockchain nodes, we obtained the better performance than original BFT-based consensus algorithms; thus, we can conclude that our approach improved the scalability of original BFT-based consensus algorithms. We also showed a correlation between performance and trouble transactions associated with transaction issue intervals and the number of blockchain nodes

Reminisce: Blockchain Private Key Generation and Recovery Using Distinctive Pictures-Based Personal Memory

As a future game-changer in various industries, cryptocurrency is attracting people’s attention. Cryptocurrency is issued on blockchain and managed through a blockchain wallet application. The blockchain wallet manages user’s digital assets and authenticates a blockchain user by checking the possession of a user’s private key. The mnemonic code technique represents the most widely used method of generating and recovering a private key in blockchain wallet applications. However, the mnemonic code technique does not consider usability to generate and recover a user’s private key. In this study, we propose a novel approach for private key generation and recovery. Our approach is based on the idea that a user can hold long-term memory from distinctive pictures. The user can generate a private key by providing pictures and the location of the pictures. For recovering a private key, the user identifies the locations of the pictures that are used in the private key generation process. In this paper, we experiment with the security and usability of our approach and confirm that our proposed approach is sufficiently secure compared to the mnemonic code technique and accounts for usability

Reminisce: Blockchain Private Key Generation and Recovery Using Distinctive Pictures-Based Personal Memory

As a future game-changer in various industries, cryptocurrency is attracting people’s attention. Cryptocurrency is issued on blockchain and managed through a blockchain wallet application. The blockchain wallet manages user’s digital assets and authenticates a blockchain user by checking the possession of a user’s private key. The mnemonic code technique represents the most widely used method of generating and recovering a private key in blockchain wallet applications. However, the mnemonic code technique does not consider usability to generate and recover a user’s private key. In this study, we propose a novel approach for private key generation and recovery. Our approach is based on the idea that a user can hold long-term memory from distinctive pictures. The user can generate a private key by providing pictures and the location of the pictures. For recovering a private key, the user identifies the locations of the pictures that are used in the private key generation process. In this paper, we experiment with the security and usability of our approach and confirm that our proposed approach is sufficiently secure compared to the mnemonic code technique and accounts for usability

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