PLEDGE: A Proof-of-Honesty based Consensus Protocol for Blockchain-based IoT Systems

Makhdoom, I; Tofigh, F; Zhou, I; Abolhasan, M; Lipman, J

PLEDGE: A Proof-of-Honesty based Consensus Protocol for Blockchain-based IoT Systems

Makhdoom, I

Tofigh, F

Zhou, I

Abolhasan, M

Lipman, J

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Publisher:: IEEE
Publication Type:: Conference Proceeding
Citation:: 2020 IEEE International Conference on Blockchain and Cryptocurrency (ICBC), 2020, 00, pp. 1-3
Issue Date:: 2020-08-17

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Field	Value	Language
dc.contributor.author	Makhdoom, I https://orcid.org/0000-0002-6205-5897
dc.contributor.author	Tofigh, F https://orcid.org/0000-0003-1802-488X
dc.contributor.author	Zhou, I https://orcid.org/0000-0002-7154-4561
dc.contributor.author	Abolhasan, M https://orcid.org/0000-0002-4282-6666
dc.contributor.author	Lipman, J https://orcid.org/0000-0003-2877-1168
dc.date	2020-05-02
dc.date.accessioned	2021-04-16T02:31:56Z
dc.date.available	2021-04-16T02:31:56Z
dc.date.issued	2020-08-17
dc.identifier.citation	2020 IEEE International Conference on Blockchain and Cryptocurrency (ICBC), 2020, 00, pp. 1-3
dc.identifier.isbn	978-1-7281-6681-0
dc.identifier.uri	http://hdl.handle.net/10453/148163
dc.description.abstract	Exhibition of malicious behavior during blockchain consensus, threats against reputation systems, and high TX latency are significant issues for blockchain-based IoT systems. Hence, to mitigate such challenges we propose "Pledge", a unique Proof-of-Honesty based consensus protocol. Initial experimentation shows that Pledge is economical with low computations and communications complexity and low latency in transaction confirmation.
dc.language	en
dc.publisher	IEEE
dc.relation	Food Agility CRC LimitedFood Agility CRC
dc.relation.ispartof	2020 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)
dc.relation.ispartof	2020 IEEE International Conference on Blockchain and Cryptocurrency
dc.relation.isbasedon	10.1109/icbc48266.2020.9169406
dc.rights	info:eu-repo/semantics/closedAccess
dc.title	PLEDGE: A Proof-of-Honesty based Consensus Protocol for Blockchain-based IoT Systems
dc.type	Conference Proceeding
utslib.citation.volume	00
utslib.location.activity	Toronto, ON, Canada
utslib.for	0805 Distributed Computing
utslib.for	0803 Computer Software
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Strength - CRIN - Realtime Information Networks
pubs.organisational-group	/University of Technology Sydney/Strength - GBDTC - Global Big Data Technologies
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Electrical and Data Engineering
utslib.copyright.status	closed_access	*
dc.date.updated	2021-04-16T02:31:55Z
pubs.finish-date	2020-05-06
pubs.publication-status	Published
pubs.start-date	2020-05-02
pubs.volume	00

Abstract:

Exhibition of malicious behavior during blockchain consensus, threats against reputation systems, and high TX latency are significant issues for blockchain-based IoT systems. Hence, to mitigate such challenges we propose "Pledge", a unique Proof-of-Honesty based consensus protocol. Initial experimentation shows that Pledge is economical with low computations and communications complexity and low latency in transaction confirmation.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/148163