Synergizing Block Lattice based Distributed Ledger Technology, Sub-Sample Voting, and Exploration-Exploitation strategy for Enhanced Parameter Updation (Record no. 16582)

MARC details
000 -LEADER
fixed length control field 02832nam a22001817a 4500
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 004.6
Item number A147S
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Abhishek, S M
245 ## - TITLE STATEMENT
Title Synergizing Block Lattice based Distributed Ledger Technology, Sub-Sample Voting, and Exploration-Exploitation strategy for Enhanced Parameter Updation
Statement of responsibility, etc by S M Abhishek
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication IIT Jodhpur
Name of publisher Department of Computer Science and Technology
Year of publication 2023
300 ## - PHYSICAL DESCRIPTION
Number of Pages viii,22p.
Other physical details HB
500 ## - GENERAL NOTE
General note In this project, we present a novel paradigm for Distributed Ledger Technology (DLT) that unites the Block Lattice architecture, Sub-Sample Voting, and Exploration-Exploitation for consensus. DLT is a decentralized and immutable digital ledger that records transactions across a network of computers. It provides transparency, security, and efficiency, eliminating the need for intermediaries in various applications, including cryptocurrencies and supply chain management.<br/><br/>The Block Lattice architecture, used in some DLTs, organizes transactions separately for each account, maintaining individual chains for both 'Send' and 'Receive' transactions. This structure ensures asynchronous confirmation and faster transaction processing, mitigating bottlenecks seen in traditional blockchain architectures.<br/><br/>Sub-Sample Voting is introduced as a consensus mechanism, wherein validators query a random subset of other validators to reach an agreement on valid blocks. This decentralized approach allows the network to converge towards a single, agreed-upon version of the account-chain, effectively resolving conflicts. To optimize the Sub-Sample Voting mechanism, we introduce the Exploration-Exploitation strategy, dynamically updating the parameters (alpha, beta, m) of the voting process. This adaptive approach balances exploration of new transaction preferences and exploitation of known preferences, ensuring efficient consensus while reducing computational overhead.<br/><br/>Additionally, we address potential vulnerabilities by simulating Byzantine Fault Tolerance, handling up to one-third Byzantine attacks. Byzantine Validator Nodes are introduced in the simulation to effectively manage conflicting transactions and maintain the integrity of the consensus process.<br/><br/>Our experimental results demonstrate that the integration of Block Lattice, Sub-Sample Voting, and Exploration-Exploitation significantly improves consensus efficiency and enhances the robustness of Distributed Ledger Technology. This novel paradigm presents a promising advancement in the field of DLT and opens up new possibilities for scalable and secure decentralized systems.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Department of Computer Science and Technology
Topical Term Distributed Ledger Technology
Topical Term DLT
Topical Term MTech Theses
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Kalra, Sumit
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Thesis
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Withdrawn status Lost status Damaged status Not for loan Collection code Permanent Location Current Location Shelving location Date acquired Source of acquisition Full call number Accession Number Price effective from Koha item type
        Theses S. R. Ranganathan Learning Hub S. R. Ranganathan Learning Hub Reference 2024-04-01 Office of Academics 004.6 A147S TM00517 2024-06-29 Thesis