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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | On the Employment of Machine Learning in the Blockchain Selection Process |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | IEEE Transactions on Network and Service Management |
Publisher | Institute of Electrical and Electronics Engineers |
Geographical Reach | international |
ISSN | 1932-4537 |
Volume | 19 |
Number | 4 |
Page Range | 3835 - 3846 |
Date | 2022 |
Abstract Text | Given the growing increase in the number of blockchain (BC) platforms, cryptocurrencies, and tokens, non-technical individuals face a complex question when selecting a BC that meets their requirements (e.g., performance or security). In addition, current approaches that aid such a selection process present drawbacks (e.g., require specific BC knowledge or are not automated and scalable), which hinders the decision process even further. Fortunately, techniques such as Machine Learning (ML) allow the creation of selection models without human interaction by identifying the BC features that match the requirements provided by the user in an automated and flexible manner. Thus, this work presents the design and implementation of an ML-based BC selection approach that employs five ML models to select the most suitable BC given user requirements (e.g., BC popularity, fast block inclusion, or Smart Contract - SC support). The approach follows an ML-specific data flow and defines a novel equation to quantify the popularity of a BC. Furthermore, it details the models’ accuracy and functionality in two distinct use cases, which shows their good accuracy (>85%). Finally, discussions on (a) the ML usefulness, (b) advantages over rule-based systems, and (c) the most relevant features for the BC selection are presented. |
Free access at | Official URL |
Digital Object Identifier | 10.1109/TNSM.2022.3212917 |
Other Identification Number | merlin-id:23170 |
PDF File | Download from ZORA |
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Keywords | Security, Machine learning, Task analysis, Privacy, Biological system modeling, Mathematical models, Manuals |
Additional Information | © 2023 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. |