학술논문

Performance Analysis of IOTA Tangle and a New Consensus Algorithm for Smart Grids
Document Type
Periodical
Source
IEEE Internet of Things Journal IEEE Internet Things J. Internet of Things Journal, IEEE. 11(4):6396-6411 Feb, 2024
Subject
Computing and Processing
Communication, Networking and Broadcast Technologies
Blockchains
Consensus algorithm
Peer-to-peer computing
Costs
Analytical models
Security
Internet of Things
Consensus time
distributed wireless field area network (FAN)
parasitic attacks
smart grid (SG)
tangle
Language
ISSN
2327-4662
2372-2541
Abstract
Blockchain is an effective technology that enables secure data sharing and trusted energy trading in smart grids (SGs). The consensus algorithm plays a key role in the blockchain’s security and consistency. However, due to nonconcurrency, long consensus time, low throughput, and high transaction fees, current consensus algorithms are not suitable for SGs, where there is a large-scale distributed wireless field area network (FAN) with limited resources and frequent small transactions. In this article, we propose a performance analysis model and a new consensus algorithm for the tangle in the FAN. First, we propose an analytical analysis model for the consensus time and probability of a successful parasitic chain attack on the FAN by comprehensively considering the number of data transmission hops, communication protocols, computing resources, and checked tips. Furthermore, based on the analysis, a new consensus algorithm is proposed by clustering nodes cooperating with each other to complete the Proof of Work (PoW). Finally, we show the accuracy of the analysis results by comparing them with the simulation results. Additionally, we show that the proposed consensus algorithm can reduce the required consensus time by approximately 50%.