Related papers: Distributed Ledger Technology for IoT: Parasite Ch…
In recent years several distributed ledger technologies based on directed acyclic graphs (DAGs) have appeared on the market. Similar to blockchain technologies, DAG-based systems aim to build an immutable ledger and are faced with security…
Access control is a fundamental component of the design of distributed ledgers, influencing many aspects of their design, such as fairness, efficiency, traditional notions of network security, and adversarial attacks such as…
With the ever growing Internet of Things (IoT) market, ledger systems are facing new challenges to efficiently store and secure enormous customer records collected by the IoT devices. The authenticity, availability, and integrity of these…
IOTA Tangle is a distributed ledger technology (DLT), primarily designed for Internet-of-Things (IoT) networks and applications. IOTA Tangle utilizes a direct acyclic graph (DAG) structure for the ledger, with its protocol offering features…
Recently, Directed Acyclic Graph (DAG) based Distributed Ledgers have been proposed for various applications in the smart mobility domain [1]. While many application studies have been described in the literature, an open problem in the DLT…
Blockchain and other decentralized databases, known as distributed ledgers, are designed to store information online where all trusted network members can update the data with transparency. The dynamics of ledger's development can be…
An outstanding problem in the design of distributed ledgers concerns policies that govern the manner in which users interact with the network. Network usability is crucial to the mainstream adoption of distributed ledgers, particularly for…
This paper discusses congestion control and inconsistency problems in DAG-based distributed ledgers and proposes an additional filter to mitigate these issues. Unlike traditional blockchains, DAG-based DLTs use a directed acyclic graph…
Direct Acyclic Graph (DAG)-based ledger and the corresponding consensus algorithm has been identified as a promising technology for Internet of Things (IoT). Compared with Proof-of-Work (PoW) and Proof-of-Stake (PoS) that have been widely…
This paper describes how Distributed Ledger Technologies can be used to design a class of cyber-physical systems, as well as to enforce social contracts and to orchestrate the behaviour of agents trying to access a shared resource. The…
With the rapid advancement of blockchain technology, a significant trend is the adoption of Directed Acyclic Graphs (DAGs) as an alternative to traditional chain-based architectures for organizing ledger records. Systems like IOTA, which…
In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…
Since the inception of blockchain and Bitcoin (Nakamoto (2008)), a decentralized-distributed ledger system and its associated cryptocurrency, respectively, the world has witnessed a slew of newer adaptations and applications. Although the…
Directed Acylic Graphs (DAGs) are emerging as an attractive alternative to traditional blockchain architectures for distributed ledger technology (DLT). In particular DAG ledgers with stochastic attachment mechanisms potentially offer many…
The Internet of Things (IoT) and Distributed ledger technology (DLT) have significantly changed our daily lives. Due to their distributed operational environment and naturally decentralized applications, the convergence of these two…
Permissionless distributed ledgers provide a promising approach to deal with the Internet of Things (IoT) paradigm. Since IoT devices mostly generate data transactions and micropayments, distributed ledgers that use fees to regulate the…
In the past decade, blockchain has emerged as a promising solution for building secure distributed ledgers and has attracted significant attention. However, current blockchain systems suffer from limited throughput, poor scalability, and…
Directed Acyclic Graph (DAG)-based Distributed Ledger Technologies (DLTs) have emerged as a promising solution to the scalability issues inherent in traditional blockchains. However, amidst the focus on scalability, the crucial aspect of…
In this paper we present a feedback approach to the design of an attack mitigation policy for DAG-based Distributed Ledgers. We develop a model to analyse the behaviour of the ledger under the so called Tips Inflation Attack and we design a…
This paper introduces a novel architecture for a distributed ledger, commonly referred to as a "blockchain", which is organized in the form of directed acyclic graph (DAG) with UTXO transactions as vertices, rather than as a chain of…