Publication On Fairness in Committee‐Based Blockchains | Blockchains@X

Publication date:

05/2020

On Fairness in Committee-based Blockchains

Committee-based blockchains are among the most popular alternatives of proof-of-work based blockchains, such as Bitcoin. They provide strong consistency (no fork) under classical assumptions, and avoid using energy-consuming mechanisms to add new blocks in the blockchain. For each block, these blockchains use a committee that executes Byzantine-fault tolerant distributed consensus to decide the next block they will add in the blockchain. Unlike Bitcoin, where there is only one creator per block, in committee-based blockchain any block is cooperatively created. In order to incentivize committee members to participate in the creation of new blocks, rewarding schemes have to be designed. In this paper, we study the fairness of rewarding in committee-based blockchains and we provide necessary and sufficient conditions on the system communication under which it is possible to have a fair reward mechanism.

Authors

Sara Tucci-Piergiovanni

Head of Laboratory, Senior Research Engineer at CEA LIST

Yackolley Amoussou-Guenou​

Researcher at CEA List and LIP6 (Sorbonne University)

Antonella Del Pozzo

Maria Potop-Butucaru

Full Professor Sorbonne University, Head of NPA team LIP6

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