Simulations of DAG-based Blockchain Protocols and Attacks on the PHANTOM Protocol via Transaction Selection Strategies
| Autoři | |
|---|---|
| Rok publikování | 2022 |
| Druh | Článek ve sborníku |
| Konference | Sborník příspěvků z 54. konference EurOpen.CZ, 28.5.-1.6.2022 |
| Citace | |
| Klíčová slova | DAG, blockchain |
| Popis | This work explores the performance/scalability issues of blockchain protocols. Some existing solutions present a new concept of DAG-oriented blockchain protocols to address this problem. In contrast, in this work, we investigate two unique DAG-oriented blockchain protocols – PHANTOM and GHOSTDAG and make a security analysis of their designs. To this end, we develop a custom simulator that extends the open-source simulation tool to support multiple chains within the protocol. We have empirically shown that these protocols cannot work in realistic scenarios and need to be redesigned. |