Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model

IOTA is a new cryptocurrency system designed for the Internet of Things based on directed an acyclic graph structure. It has the advantages of supporting high concurrency, scalability, and zero transaction fees; however, due to the particularity of the directed acyclic graph structure, IOTA faces mo...

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Main Authors: Yinfeng Chen, Yu Guo, Yaofei Wang, Rongfang Bie
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/10/7/1108
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author Yinfeng Chen
Yu Guo
Yaofei Wang
Rongfang Bie
author_facet Yinfeng Chen
Yu Guo
Yaofei Wang
Rongfang Bie
author_sort Yinfeng Chen
collection DOAJ
description IOTA is a new cryptocurrency system designed for the Internet of Things based on directed an acyclic graph structure. It has the advantages of supporting high concurrency, scalability, and zero transaction fees; however, due to the particularity of the directed acyclic graph structure, IOTA faces more complex security threats than the sequence blockchain, in which a parasite chain attack is a common double-spending attack. In this work, we propose a scheme that can effectively prevent parasite chain attacks to improve the security of the IOTA ledger. Our main idea is to analyze the behavior strategies of IOTA nodes based on evolutionary game theory and determine the key factors affecting the parasite chain attack and the restrictive relationship between them. Based on the above research, we provide a solution to resist the parasite chain attack and further prove the effectiveness of the scheme by numerical simulation. Finally, we propose the parasite chain attack prevention algorithms based on price splitting to effectively prevent the formation of the parasite chain.
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spelling doaj.art-465c8b011da0456aa0f61168b8acd9b72023-11-30T23:37:18ZengMDPI AGMathematics2227-73902022-03-01107110810.3390/math10071108Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game ModelYinfeng Chen0Yu Guo1Yaofei Wang2Rongfang Bie3School of Artificial Intelligence, Beijing Normal University, Beijing 100875, ChinaSchool of Artificial Intelligence, Beijing Normal University, Beijing 100875, ChinaSchool of Artificial Intelligence, Beijing Normal University, Beijing 100875, ChinaSchool of Artificial Intelligence, Beijing Normal University, Beijing 100875, ChinaIOTA is a new cryptocurrency system designed for the Internet of Things based on directed an acyclic graph structure. It has the advantages of supporting high concurrency, scalability, and zero transaction fees; however, due to the particularity of the directed acyclic graph structure, IOTA faces more complex security threats than the sequence blockchain, in which a parasite chain attack is a common double-spending attack. In this work, we propose a scheme that can effectively prevent parasite chain attacks to improve the security of the IOTA ledger. Our main idea is to analyze the behavior strategies of IOTA nodes based on evolutionary game theory and determine the key factors affecting the parasite chain attack and the restrictive relationship between them. Based on the above research, we provide a solution to resist the parasite chain attack and further prove the effectiveness of the scheme by numerical simulation. Finally, we propose the parasite chain attack prevention algorithms based on price splitting to effectively prevent the formation of the parasite chain.https://www.mdpi.com/2227-7390/10/7/1108IOTAparasite chain attackthe tangleevolutionary gamesecurity
spellingShingle Yinfeng Chen
Yu Guo
Yaofei Wang
Rongfang Bie
Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model
Mathematics
IOTA
parasite chain attack
the tangle
evolutionary game
security
title Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model
title_full Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model
title_fullStr Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model
title_full_unstemmed Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model
title_short Toward Prevention of Parasite Chain Attack in IOTA Blockchain Networks by Using Evolutionary Game Model
title_sort toward prevention of parasite chain attack in iota blockchain networks by using evolutionary game model
topic IOTA
parasite chain attack
the tangle
evolutionary game
security
url https://www.mdpi.com/2227-7390/10/7/1108
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AT yuguo towardpreventionofparasitechainattackiniotablockchainnetworksbyusingevolutionarygamemodel
AT yaofeiwang towardpreventionofparasitechainattackiniotablockchainnetworksbyusingevolutionarygamemodel
AT rongfangbie towardpreventionofparasitechainattackiniotablockchainnetworksbyusingevolutionarygamemodel