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The Devil Hides in the Model: Reviewing Blockchain and BFT Protocols

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Recent advances in blockchains and Byzantine Fault Tolerant protocols have been numerous and varied in nature. However, making a fair and consistent comparison of existing protocols is a difficult task that must begin right at the execution model. In this work, we undergo a review of several prominent blockchain protocols including their models, i.e., network synchrony, cryptographic assumptions, corruption, as well as latency and communication cost figures. This review illustrates the issues that can arise due to the lack of standardization on blockchain terminology. For example, we show that in two prominent blockchain protocols, seemingly minor technical details in the formulation leads to the execution model being strictly different from the intended one.

Original languageEnglish
Title of host publicationBlockchain and Applications, 4th International Congress
EditorsJavier Prieto, Francisco Luis Benítez Martínez, Stefano Ferretti, David Arroyo Guardeño, Pedro Tomás Nevado-Batalla
PublisherSpringer Science and Business Media Deutschland GmbH
Pages237-248
Number of pages12
ISBN (Print)9783031212284
DOIs
Publication statusPublished - 1 Jan 2023
Event4th International Congress on Blockchain and Applications, BLOCKCHAIN 2022 - L´Aquila, Italy
Duration: 13 Jul 202215 Jul 2022

Publication series

NameLecture Notes in Networks and Systems
Volume595 LNNS
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

Conference4th International Congress on Blockchain and Applications, BLOCKCHAIN 2022
Country/TerritoryItaly
CityL´Aquila
Period13/07/2215/07/22

Keywords

  • Benchmark
  • Blockchain
  • Complexity
  • Distributed ledger technology

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