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| Type | Conference or Workshop Paper |
| Scope | Learning and pedagogical Research |
| Published in Proceedings | Yes |
| Title | Adaptation of proof-of-stake-based blockchains for IoT data streams |
| Organization Unit | |
| Authors |
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| Presentation Type | paper |
| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| ISBN | 978-1-7281-1328-9 |
| Page Range | 15 - 16 |
| Event Title | 2019 IEEE International Conference on Blockchain and Cryptocurrency (ICBC) |
| Event Type | conference |
| Event Location | Seoul, Korea (South) |
| Event Start Date | June 14 - 2019 |
| Event End Date | June 17 - 2019 |
| Place of Publication | Piscataway, New Jersey, US |
| Publisher | IEEE |
| Abstract Text | Proof-of-Work (PoW) in Blockchains (BC), which is a widely used consensus algorithm, suffers from high power consumption of miners and low transaction rates. This work demonstrates a Proof-of-Stake (PoS)-based BC called Bazo, which is specially designed and adapted for Internet of Things (IoT) data streams. Bazo displays enhanced performance in terms of energy consumption and transactions processing in comparison to PoW-based BC. To further improve performance of Bazo, sharding and transaction aggregation methods are employed. Moreover, IoT-BC adaptation helpers of a modular and layered architecture are provided to allow wireless devices to submit data into the BC. The designed architecture can support multiple hardware and software platforms as well as network technologies. |
| Digital Object Identifier | 10.1109/BLOC.2019.8751260 |
| Other Identification Number | merlin-id:18075 |
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