Browsing by Author "Shi, Hongwei"

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    Black Swan in Blockchain: Micro Analysis of Natural Forking
    (IEEE, 2022-11-04) Shi, Hongwei; Wang, Shengling; Hu, Qin; Cheng, Xiuzhen; Computer and Information Science, School of Science
    Natural forking is tantamount to the “black swan” event in blockchain since it emerges unexpectedly with a small probability, and may incur low resource utilization and costly economic loss. The ongoing literature analyzes natural forking mainly from the macroscopic perspective, which is insufficient to further understand this phenomenon since it roots in the instantaneous difference between block creation and propagation microscopically. Hence, in this paper, we fill this gap by leveraging the large deviation theory to conduct the first micro study of natural forking, aiming to reveal its inherent mechanism substantially. Our work is featured by 1) conceptual innovation . We creatively abstract the blockchain overlay network as a “service system”. This allows us to investigate natural forking from the perspective of “supply and demand”. Based on this, we can identify the competitive dynamics of blockchain and construct a queuing model to characterize natural forking; 2) progressiveness . We scrutinize the natural forking probability as well as its decay rate via a three-step scheme from simple to complex, which are the single-source i.i.d. scheme, the single-source non-i.i.d. scheme, and the many-source non-i.i.d. scheme. By doing so, we can answer when and how fast should we take actions and what actions should we take against natural forking. Our valuable findings can not only put forward decisive guidelines theoretically from the top level, but also engineer optimal countermeasures operationally on a practical level to thwart natural forking.
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    Proof of User Similarity: The Spatial Measurer of Blockchain
    (IEEE, 2024-05) Wang, Shengling; Shi, Lina; Shi, Hongwei; Zhang, Yifang; Hu, Qin; Cheng, Xiuzhen; Computer Science, Luddy School of Informatics, Computing, and Engineering
    Although proof of work (PoW) consensus dominates the current blockchain-based systems mostly, it has always been criticized for the uneconomic brute-force calculation. As alternatives, energy-conservation and energy-recycling mechanisms heaved in sight. In this article, we propose proof of user similarity (PoUS), a distinct energy-recycling consensus mechanism, harnessing the valuable computing power to calculate the similarities of users, and enact the calculation results into the packing rule. However, the expensive calculation required in PoUS challenges miners in participating, and may induce plagiarism and lying risks. To resolve these issues, PoUS embraces the best-effort schema by allowing miners to compute partially. Besides, a voting mechanism based on the secure two-party computation and Bayesian truth serum is proposed to guarantee privacy-preserved voting and truthful reports. Noticeably, PoUS distinguishes itself in recycling the computing power back to blockchain since it turns the resource wastage to facilitate refined cohort analysis of users, serving as the spatial measurer and enabling a searchable blockchain. We build a prototype of PoUS and compare its performance with PoW. The results show that PoUS outperforms PoW in achieving an average transaction per second (TPS) improvement of 24.01% and an average confirmation latency reduction of 43.64%. Besides, PoUS functions well in mirroring the spatial information of users, with negligible computation time and communication cost.