Smart auto mining (SAM) for industrial IoT blockchain network
Abstract This work proposes smart auto mining (SAM) for resource‐efficient mining in a blockchain network. The SAM algorithm stops the miners when there is zero pending transaction and starts the miner when there is at least one transaction sent into the network. The miner listens to the network to...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2022-11-01
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| Series: | IET Communications |
| Online Access: | https://doi.org/10.1049/cmu2.12465 |
| _version_ | 1828184054212591616 |
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| author | Ikechi Saviour Igboanusi Allwinnaldo Allwinnaldo Revin Naufal Alief Muhammad Rasyid Redha Ansori Jae‐Min Lee Dong‐Seong Kim |
| author_facet | Ikechi Saviour Igboanusi Allwinnaldo Allwinnaldo Revin Naufal Alief Muhammad Rasyid Redha Ansori Jae‐Min Lee Dong‐Seong Kim |
| author_sort | Ikechi Saviour Igboanusi |
| collection | DOAJ |
| description | Abstract This work proposes smart auto mining (SAM) for resource‐efficient mining in a blockchain network. The SAM algorithm stops the miners when there is zero pending transaction and starts the miner when there is at least one transaction sent into the network. The miner listens to the network to identify when a transaction has been made by a node. The model does not need any instruction to start mining when there is a pending transaction. The results show that a private Ethereum network produced over 300% more blocks in a 12‐h period with 599,950 transactions compared to when SAM is applied. The proposed algorithm is also able to reduce the storage used by the chaindata by 14%. The overhead of mining is decreased by reducing the production of empty blocks in the network which saves energy, storage space, network bandwidth and computational complexity. |
| first_indexed | 2024-04-12T06:42:24Z |
| format | Article |
| id | doaj.art-388c1b57052d4493aadaa4d13b22573b |
| institution | Directory Open Access Journal |
| issn | 1751-8628 1751-8636 |
| language | English |
| last_indexed | 2024-04-12T06:42:24Z |
| publishDate | 2022-11-01 |
| publisher | Wiley |
| record_format | Article |
| series | IET Communications |
| spelling | doaj.art-388c1b57052d4493aadaa4d13b22573b2022-12-22T03:43:41ZengWileyIET Communications1751-86281751-86362022-11-0116182123213210.1049/cmu2.12465Smart auto mining (SAM) for industrial IoT blockchain networkIkechi Saviour Igboanusi0Allwinnaldo Allwinnaldo1Revin Naufal Alief2Muhammad Rasyid Redha Ansori3Jae‐Min Lee4Dong‐Seong Kim5Networked System Laboratory IT Convergence Engineering Kumoh National Institute of Technology Gumi South KoreaNetworked System Laboratory IT Convergence Engineering Kumoh National Institute of Technology Gumi South KoreaNetworked System Laboratory IT Convergence Engineering Kumoh National Institute of Technology Gumi South KoreaNetworked System Laboratory IT Convergence Engineering Kumoh National Institute of Technology Gumi South KoreaNetworked System Laboratory IT Convergence Engineering Kumoh National Institute of Technology Gumi South KoreaNetworked System Laboratory IT Convergence Engineering Kumoh National Institute of Technology Gumi South KoreaAbstract This work proposes smart auto mining (SAM) for resource‐efficient mining in a blockchain network. The SAM algorithm stops the miners when there is zero pending transaction and starts the miner when there is at least one transaction sent into the network. The miner listens to the network to identify when a transaction has been made by a node. The model does not need any instruction to start mining when there is a pending transaction. The results show that a private Ethereum network produced over 300% more blocks in a 12‐h period with 599,950 transactions compared to when SAM is applied. The proposed algorithm is also able to reduce the storage used by the chaindata by 14%. The overhead of mining is decreased by reducing the production of empty blocks in the network which saves energy, storage space, network bandwidth and computational complexity.https://doi.org/10.1049/cmu2.12465 |
| spellingShingle | Ikechi Saviour Igboanusi Allwinnaldo Allwinnaldo Revin Naufal Alief Muhammad Rasyid Redha Ansori Jae‐Min Lee Dong‐Seong Kim Smart auto mining (SAM) for industrial IoT blockchain network IET Communications |
| title | Smart auto mining (SAM) for industrial IoT blockchain network |
| title_full | Smart auto mining (SAM) for industrial IoT blockchain network |
| title_fullStr | Smart auto mining (SAM) for industrial IoT blockchain network |
| title_full_unstemmed | Smart auto mining (SAM) for industrial IoT blockchain network |
| title_short | Smart auto mining (SAM) for industrial IoT blockchain network |
| title_sort | smart auto mining sam for industrial iot blockchain network |
| url | https://doi.org/10.1049/cmu2.12465 |
| work_keys_str_mv | AT ikechisaviourigboanusi smartautominingsamforindustrialiotblockchainnetwork AT allwinnaldoallwinnaldo smartautominingsamforindustrialiotblockchainnetwork AT revinnaufalalief smartautominingsamforindustrialiotblockchainnetwork AT muhammadrasyidredhaansori smartautominingsamforindustrialiotblockchainnetwork AT jaeminlee smartautominingsamforindustrialiotblockchainnetwork AT dongseongkim smartautominingsamforindustrialiotblockchainnetwork |