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Miner Selection in Blockchain using Proof of Artificial Intelligence.

Authors :
Pawar, Manjula K.
Patil, Prakashgoud
Source :
Procedia Computer Science; 2023, Vol. 230, p838-845, 8p
Publication Year :
2023

Abstract

The process of miner selection in blockchain networks plays a significant role in maintaining the efficiency and security of the net- work. In blockchain, the consensus algorithm is crucial for miner selection. Considering the downsides of the consensus algorithm (PoW, PoS) this paper employs proof of artificial intelligence (PoAI) over proof of stake and proof of work. This paper proposes an approach for miner selection using the Proof of Artificial Intelligence (PoAI) framework, which leverages Deep Neural Networks (DNNs) to predict efficient miners for blockchain networks. This paper describes the design and implementation of our PoAI that uses DNN algorithm on a bitcoin dataset, is a combination of supervised and unsupervised learning techniques to model the be- havior of miners using suitable features such as age, number of blocks mined, transaction volume and number of transactions. The proposed methodology improves the scalability of the consensus algorithm. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
18770509
Volume :
230
Database :
Supplemental Index
Journal :
Procedia Computer Science
Publication Type :
Academic Journal
Accession number :
174641277
Full Text :
https://doi.org/10.1016/j.procs.2023.12.049