Related papers: Topology Analysis of the XRP Ledger
Blockchain (BC) systems are highly distributed peer-to-peer networks that offer an alternative to centralized services and promise robustness to coordinated attacks. However, the resilience and overall security of a BC system rests heavily…
While increasingly more application-specific blockchains, or ledgers, are being implemented and deployed, exchanging information between these ledgers remains an open problem. Existing cross-ledger protocols (XLPs) exhibit a variety of…
With the growing adoption of Distributed Ledger Technologies and the subsequent scaling of these networks, there is an inherent need for efficient and resilient communication used by the underlying consensus and replication mechanisms.…
The XRP Ledger Consensus Protocol is a previously developed consensus protocol powering the XRP Ledger. It is a low-latency Byzantine agreement protocol, capable of reaching consensus without full agreement on which nodes are members of the…
With the large increase in the adoption of blockchain technologies, their underlying peer-to-peer networks must also scale with the demand. In this context, previous works highlighted the importance of ensuring efficient and resilient…
Cryptoassets are growing rapidly worldwide. One of the large cap cryptoassets is XRP. In this article, we focus on analyzing transaction data for the 2017-2018 period that consist one of the significant XRP market price bursts. We construct…
XRP is a modern crypto-asset (crypto-currency) developed by Ripple Labs, which has been increasing its financial presence. We study its transaction history available as ledger data. An analysis of its basic statistics, correlations, and…
Major cryptocurrency networks have relied on random peering choice rules for making connections in their peer-to-peer networks. Generally, these choices have good properties, particularly for open, permissionless networks. Random peering…
The aim of this research is to study XRP cryptoasset price dynamics, with a particular focus on forecasting atypical price movements. Recent studies suggest that topological properties of transaction graphs are highly informative for…
In this paper we present an analytical study of dynamic membership (aka churn) in structured peer-to-peer networks. We use a fluid model approach to describe steady-state or transient phenomena, and apply it to the Chord system. For any…
The Bitcoin Lightning network is a mechanism to enable fast and inexpensive off-chain Bitcoin transactions using peer-to-peer (P2P) channels between nodes that can also be composed into a routing path. Although the resulting possible…
Blockchains use peer-to-peer networks for disseminating information among peers, but these networks currently do not have any provable guarantees for desirable properties such as Byzantine fault tolerance, good connectivity and small…
The number of users approaching the world of cryptocurrencies exploded in the last years, and consequently the daily interactions on their underlying distributed ledgers have intensified. In this paper, we analyze the flow of these digital…
In this paper, we conduct extensive simulations to understand the properties of the overlay generated by BitTorrent. We start by analyzing how the overlay properties impact the efficiency of BitTorrent. We focus on the average peer set size…
The Monero blockchain enables anonymous transactions through advanced cryptography in its peer-to-peer network, which underpins decentralization, security, and trustless interactions. However, privacy measures obscure peer connections,…
Cryptoassets are becoming essential in the digital economy era. XRP is one of the large market cap cryptoassets. Here, we develop a novel method of correlation tensor spectra for the dynamical XRP networks, which can provide an early…
We focus on designing Peer-to-Peer (P2P) networks that enable efficient communication. Over the last two decades, there has been substantial algorithmic research on distributed protocols for building P2P networks with various desirable…
This paper is concerned with the effect of overlay network topology on the performance of live streaming peer-to-peer systems. The paper focuses on the evaluation of topologies which are aware of the delays experienced between different…
Measuring the topological overlap of two graphs becomes important when assessing the changes between temporally adjacent graphs in a time-evolving network. Current methods depend on the fraction of nodes that have persisting edges. This…
The Bitcoin Lightning Network is a layer 2 protocol designed to facilitate fast and inexpensive Bitcoin transactions. It operates by establishing channels between users, where Bitcoin is locked and transactions are conducted off-chain until…