000			02832nam a22001817a 4500
082			_a004.6 _bA147S
100			_aAbhishek, S M _945408
245			_aSynergizing Block Lattice based Distributed Ledger Technology, Sub-Sample Voting, and Exploration-Exploitation strategy for Enhanced Parameter Updation _cby S M Abhishek
260			_aIIT Jodhpur _bDepartment of Computer Science and Technology _c2023
300			_aviii,22p. _bHB
500			_aIn 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. 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. 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. 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. 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			_aDepartment of Computer Science and Technology _945409
650			_aDistributed Ledger Technology _945410
650			_aDLT _945411
650			_aMTech Theses _945412
700			_aKalra, Sumit _945413
942			_cTH
999			_c16582 _d16582