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Simulations of DAG-based Blockchain Protocols and Attacks on the PHANTOM Protocol via Transaction Selection Strategies
Autoři | |
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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. |