Consensus formation on heterogeneous networks
Edoardo Fadda, Junda He, Claudio Tessone, Paolo Barucca

TL;DR
This paper models how network topology and node centrality influence consensus formation in blockchain systems, revealing that central nodes can dominate even with delayed communication, depending on network structure.
Contribution
It introduces a minimalistic network model to quantify the impact of node centrality on consensus formation in blockchain networks, highlighting the role of topology.
Findings
Central nodes increase the probability of forming a majority.
In scale-free networks, central nodes can win consensus despite delays.
Network topology significantly affects consensus dynamics.
Abstract
Reaching consensus -- a macroscopic state where the system constituents display the same microscopic state -- is a necessity in multiple complex socio-technical and techno-economic systems: their correct functioning ultimately depends on it. In many distributed systems -- of which blockchain-based applications are a paradigmatic example -- the process of consensus formation is crucial not only for the emergence of a leading majority but for the very functioning of the system. We build a minimalistic network model of consensus formation on blockchain systems for quantifying how central nodes -- with respect to their average distance to others -- can leverage on their position to obtain competitive advantage in the consensus process. We show that in a wide range of network topologies, the probability of forming a majority can significantly increase depending on the centrality of nodes…
Peer Reviews
No public reviews on file for this paper yet. If you reviewed it on a platform where reviews are public (OpenReview, ICLR, NeurIPS, ICML), you can paste yours below so the community can read it here.
Videos
No videos yet. Explain this paper in a talk, walkthrough, or lecture? Add one.
Taxonomy
TopicsComplex Network Analysis Techniques · Opinion Dynamics and Social Influence · Opportunistic and Delay-Tolerant Networks
