Mitigating Security Threats of Bitcoin Network by Reducing Message Broadcasts During Transaction Dissemination | IEEE Conference Publication | IEEE Xplore

Mitigating Security Threats of Bitcoin Network by Reducing Message Broadcasts During Transaction Dissemination


Abstract:

Propagation delay in blockchain networks is a major impairment of message transmission and validation in the bitcoin network. The transaction delay caused by message prop...Show More

Abstract:

Propagation delay in blockchain networks is a major impairment of message transmission and validation in the bitcoin network. The transaction delay caused by message propagation across long network chains can cause significant threats to the bitcoin network integrity by allowing miners to find blocks during the message consensus process. Potential threats of slow transaction dissemination include double-spending, partitions, and eclipse attacks. In this paper, we propose a method for minimizing propagation delay by reducing non-compulsory message broadcasts during transaction dissemination in the underlying blockchain network. Our method will decrease the propagation delay in the bitcoin network and consequently mitigate the security threats based on message dissemination delay. Our results show improvement in the delay time with more effect on networks with a large number of nodes.
Date of Conference: 04-06 December 2022
Date Added to IEEE Xplore: 13 January 2023
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Conference Location: Al-Khobar, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Engineering and Computing Georgia Southern University, Statesboro, GA
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia

College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Engineering and Computing Georgia Southern University, Statesboro, GA
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia
College of Computer and Info. Systems Umm Al Qura University, Macca, Saudi Arabia

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