English

Digital Twins for Dynamic Management of Blockchain Systems

Cryptography and Security 2022-04-27 v1 Artificial Intelligence Distributed, Parallel, and Cluster Computing

Abstract

Blockchain systems are challenged by the so-called Trilemma tradeoff: decentralization, scalability and security. Infrastructure and node configuration, choice of the Consensus Protocol and complexity of the application transactions are cited amongst the factors that affect the tradeoffs balance. Given that Blockchains are complex, dynamic dynamic systems, a dynamic approach to their management and reconfiguration at runtime is deemed necessary to reflect the changes in the state of the infrastructure and application. This paper introduces the utilisation of Digital Twins for this purpose. The novel contribution of the paper is design of a framework and conceptual architecture of a Digital Twin that can assist in maintaining the Trilemma tradeoffs of time critical systems. The proposed Digital Twin is illustrated via an innovative approach to dynamic selection of Consensus Protocols. Simulations results show that the proposed framework can effectively support the dynamic adaptation and management of the Blockchain

Keywords

Cite

@article{arxiv.2204.12477,
  title  = {Digital Twins for Dynamic Management of Blockchain Systems},
  author = {Georgios Diamantopoulos and Nikos Tziritas and Rami Bahsoon and Georgios Theodoropoulos},
  journal= {arXiv preprint arXiv:2204.12477},
  year   = {2022}
}

Comments

12 pages, 5 figures, submitted to Winter Simulation Conference 2022