Blockchain based Distributed Consensus for Byzantine Fault Tolerance in PMU Network

Consensus mechanisms are a core feature for handling negotiation and agreements. Blockchain technology has seen the introduction of different sorts of consensus mechanism, ranging from tasks of heavy computation to the subtle mathematical proofs of Byzantine agreements. This paper presents the pioneer Delegated Byzantine Fault Tolerance (dBFT) protocol of Neo Blockchain, which was inspired by the Practical Byzantine Fault Tolerance (PBFT). Besides introducing its history, this study describes proofs and didactic examples, as well as novel design and extensions for Neo dBFT with multiple block proposals. Finally, we discuss challenges when dealing with strong Byzantine adversaries, and propose solutions inspired on PBFT for current weak-synchrony problems and increasing system robustness against attacks. Key Contribution: Presents an overview of the history of PBFT-inspired consensus for blockchain, highlighting its current importance on the literature, challenges and assumptions. Contributes to the field of Distributed Consensus, proposing novel extensions for the Neo dBFT (dBFT 2.0+, dBFT 3.0 and dBFT 3.0+), with new insights on innovative consensus mechanisms.

Download Full-text

Blockchain Economical Models, Delegated Proof of Economic Value and Delegated Adaptive Byzantine Fault Tolerance and their implementation in Artificial Intelligence BlockCloud

Journal of Risk and Financial Management ◽

10.3390/jrfm12040177 ◽

2019 ◽

Vol 12 (4) ◽

pp. 177 ◽

Cited By ~ 2

Author(s):

Qi Deng

Keyword(s):

Artificial Intelligence ◽

Fault Tolerance ◽

Large Scale ◽

Economic Value ◽

Economic Models ◽

Consensus Algorithm ◽

Economic Policies ◽

Byzantine Fault Tolerance ◽

Distributed Consensus ◽

Byzantine Fault

The Artificial Intelligence BlockCloud (AIBC) is an artificial intelligence and blockchain technology based large-scale decentralized ecosystem that allows system-wide low-cost sharing of computing and storage resources. The AIBC consists of four layers: a fundamental layer, a resource layer, an application layer, and an ecosystem layer (the latter three are the collective “upper-layers”). The AIBC layers have distinguished responsibilities and thus performance and robustness requirements. The upper layers need to follow a set of economic policies strictly and run on a deterministic and robust protocol. While the fundamental layer needs to follow a protocol with high throughput without sacrificing robustness. As such, the AIBC implements a two-consensus scheme to enforce economic policies and achieve performance and robustness: Delegated Proof of Economic Value (DPoEV) incentive consensus on the upper layers, and Delegated Adaptive Byzantine Fault Tolerance (DABFT) distributed consensus on the fundamental layer. The DPoEV uses the knowledge map algorithm to accurately assess the economic value of digital assets. The DABFT uses deep learning techniques to predict and select the most suitable BFT algorithm in order to enforce the DPoEV, as well as to achieve the best balance of performance, robustness, and security. The DPoEV-DABFT dual-consensus architecture, by design, makes the AIBC attack-proof against risks such as double-spending, short-range and 51% attacks; it has a built-in dynamic sharding feature that allows scalability and eliminates the single-shard takeover. Our contribution is four-fold: that we develop a set of innovative economic models governing the monetary, trading and supply-demand policies in the AIBC; that we establish an upper-layer DPoEV incentive consensus algorithm that implements the economic policies; that we provide a fundamental layer DABFT distributed consensus algorithm that executes the DPoEV with adaptability; and that we prove the economic models can be effectively enforced by AIBC’s DPoEV-DABFT dual-consensus architecture.

Download Full-text