Impact of consensus on appendable-block blockchain for IoT

TL;DR

This paper enhances an appendable-block blockchain framework for IoT by supporting multiple consensus algorithms, demonstrating through emulation that it remains efficient and scalable with low latency across various scenarios.

Contribution

The paper introduces a modular, improved appendable-block blockchain supporting different consensus algorithms tailored for IoT environments.

Findings

Latency for appending a block is under 161ms

Transaction processing delay is less than 7ms

Framework remains efficient and scalable in various scenarios

Abstract

The Internet of Things (IoT) is transforming our physical world into a complex and dynamic system of connected devices on an unprecedented scale. Connecting everyday physical objects is creating new business models, improving processes and reducing costs and risks. Recently, blockchain technology has received a lot of attention from the community as a possible solution to overcome security issues in IoT. However, traditional blockchains (such as the ones used in Bitcoin and Ethereum) are not well suited to the resource-constrained nature of IoT devices and also with the large volume of information that is expected to be generated from typical IoT deployments. To overcome these issues, several researchers have presented lightweight instances of blockchains tailored for IoT. For example, proposing novel data structures based on blocks with decoupled and appendable data. However, these researchers did not discuss how the consensus algorithm would impact their solutions, i.e., the decision of which consensus algorithm would be better suited was left as an open issue. In this paper, we improved an appendable-block blockchain framework to support different consensus algorithms through a modular design. We evaluated the performance of this improved version in different emulated scenarios and studied the impact of varying the number of devices and transactions and employing different consensus algorithms. Even adopting different consensus algorithms, results indicate that the latency to append a new block is less than 161ms (in the more demanding scenario) and the delay for processing a new transaction is less than 7ms, suggesting that our improved version of the appendable-block blockchain is efficient and scalable, and thus well suited for IoT scenarios.