• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.19 no.3
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• pp.25-32
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• 2019

The core of the block chain technology is solving the problem of agreement on double payment, and the PoW, PoS and DPoS algorithms used for this have been studied. PoW in-process proofs are consensus systems that require feasible efforts to prevent minor or malicious use of computing capabilities, such as sending spam e-mail or initiating denial of service (DoS) attacks. The proof of the PoS is made to solve the Nothing at stake problem as well as the energy waste of the proof of work (PoW) algorithm, and the decision of the sum of each node is decided according to the amount of money, not the calculation ability. DPoS is that a small number of authorized users maintain a trade consensus through a distributed network, whereas DPS provides consent authority to a small number of representatives, whereas PoS has consent authority to all users. If PoS is direct democracy, DPoS is indirect democracy. This study aims to contribute to the continuous development of the related field through the study of the algorithm of the block chain agreement.

• Journal of IKEEE
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• v.23 no.2
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• pp.508-516
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• 2019

Smart home with various IoT devices provides convenient and efficient services. However, security is important because sensitive information such as private video and audio can be collected and processed, as well as shared over the Internet. To manage such smart home IoT devices, we use blockchain technology that provides data integrity and secure management. In this paper, we utilize a PoS(Proof of Stake) method that verifies the block through the accumulated stake in the network rather than the computation power, out of the PoW(Proof of Work) block chain, in which the computation for the existing verification must be continuously performed. Among them, we propose a blockchain based system with DPoS(Delegated Proof of Stake) method to actively solve the scalability part, for security that is suitable for smart home IoT environment. We implement the proposed system with DPoS based EOSIO to show realization, and we show performance improvement in terms of transaction processing speed.

• International Journal of Computer Science & Network Security
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• v.23 no.6
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• pp.181-192
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• 2023

Blockchain system brought innovation in the area of accounting, credit monitoring and trade secrets. Consensus algorithm that considered the central component of blockchain, significantly influences performance and security of blockchain system. In this paper we presented four consensus protocols specifically as Proof of Work (PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS) and Practical Byzantine Fault-Tolerance (PBFT), we also reviewed different security threats that affect the performance of Consensus Protocols and precisely enlist their counter measures. Further we evaluated the performance of these Consensus Protocols in tabular form based on different parameters. At the end we discussed a comprehensive comparison of Consensus protocols in terms of Throughput, Latency and Scalability. We presume that our results can be beneficial to blockchain system and token economists, practitioners and researchers.