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Auteurs principaux: Rahman, Fahad, Titouna, Chafiq, Nait-Abdesselam, Farid
Format: Preprint
Publié: 2023
Sujets:
Accès en ligne:https://arxiv.org/abs/2401.00175
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author Rahman, Fahad
Titouna, Chafiq
Nait-Abdesselam, Farid
author_facet Rahman, Fahad
Titouna, Chafiq
Nait-Abdesselam, Farid
contents Distributed Computing in Blockchain Technology (BCT) hinges on a trust assumption among independent nodes. Without a third-party interface or what is known as a Blockchain Oracle, it can not interact with the external world. This Oracle plays a crucial role by feeding extrinsic data into the Blockchain, ensuring that Smart Contracts operate accurately in real time. The Oracle problem arises from the inherent difficulty in verifying the truthfulness of the data sourced by these Oracles. The genuineness of a Blockchain Oracle is paramount, as it directly influences the Blockchain's reliability, credibility, and scalability. To tackle these challenges, a strategy rooted in Byzantine fault tolerance ϕ is introduced. Furthermore, an autonomous system for sustainability and audibility, built on heuristic detection, is put forth. The effectiveness and precision of the proposed strategy outperformed existing methods using two real-world datasets, aimed to meet the authenticity standards for Blockchain Oracles.
format Preprint
id arxiv_https___arxiv_org_abs_2401_00175
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Addressing Trust Challenges in Blockchain Oracles Using Asymmetric Byzantine Quorums
Rahman, Fahad
Titouna, Chafiq
Nait-Abdesselam, Farid
Cryptography and Security
Distributed Computing in Blockchain Technology (BCT) hinges on a trust assumption among independent nodes. Without a third-party interface or what is known as a Blockchain Oracle, it can not interact with the external world. This Oracle plays a crucial role by feeding extrinsic data into the Blockchain, ensuring that Smart Contracts operate accurately in real time. The Oracle problem arises from the inherent difficulty in verifying the truthfulness of the data sourced by these Oracles. The genuineness of a Blockchain Oracle is paramount, as it directly influences the Blockchain's reliability, credibility, and scalability. To tackle these challenges, a strategy rooted in Byzantine fault tolerance ϕ is introduced. Furthermore, an autonomous system for sustainability and audibility, built on heuristic detection, is put forth. The effectiveness and precision of the proposed strategy outperformed existing methods using two real-world datasets, aimed to meet the authenticity standards for Blockchain Oracles.
title Addressing Trust Challenges in Blockchain Oracles Using Asymmetric Byzantine Quorums
topic Cryptography and Security
url https://arxiv.org/abs/2401.00175