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Topology and the Tangle: How the Underlying Network Topology Influences the Confirmation of Blocks in IOTA


Kraner, Benjamin; Vallarano, Nicolo; Tessone, Claudio (2023). Topology and the Tangle: How the Underlying Network Topology Influences the Confirmation of Blocks in IOTA. In: BLOCKCHAIN 2023: 4th International Congress on Blockchain and Applications, Italy, 13 July 2022 - 15 July 2022. Springer (Bücher), 449-458.

Abstract

We present an agent-based model of the IOTA system to provide an estimate of block finality on the Tangle. Our simulation framework is based on the Gillespie agent-based model. Our approach provides insights into the behavior of the IOTA system and can be used to explore different scenarios and test potential improvements. The results of our simulation show that the finality and confirmation time of blocks on the Tangle are affected by the underlying topology of the peer-to-peer network. Depending on the topology, the blocks of higher Mana nodes may have an advantage in gaining approval weight.

Abstract

We present an agent-based model of the IOTA system to provide an estimate of block finality on the Tangle. Our simulation framework is based on the Gillespie agent-based model. Our approach provides insights into the behavior of the IOTA system and can be used to explore different scenarios and test potential improvements. The results of our simulation show that the finality and confirmation time of blocks on the Tangle are affected by the underlying topology of the peer-to-peer network. Depending on the topology, the blocks of higher Mana nodes may have an advantage in gaining approval weight.

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Additional indexing

Item Type:Conference or Workshop Item (Paper), not_refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Informatics
Dewey Decimal Classification:000 Computer science, knowledge & systems
Scope:Discipline-based scholarship (basic research)
Language:English
Event End Date:15 July 2022
Deposited On:19 Feb 2024 10:00
Last Modified:26 Feb 2024 14:29
Publisher:Springer (Bücher)
Series Name:Lecture Notes in Networks and Systems
Number:778
Number of Pages:10
ISSN:2367-3370
ISBN:978-3-031-45155-3
OA Status:Closed
Publisher DOI:https://doi.org/10.1007/978-3-031-45155-3_43
Other Identification Number:Softcover ISBN: 978-3-031-45154-6
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