TY - GEN
T1 - Proliferation of the Service-centric Distributed Consensus Model and its Impact on Ethereum
AU - Guzman, David
AU - Trossen, Dirk
AU - Doan, Trinh Viet
AU - Ott, Joerg
N1 - Publisher Copyright:
© 2024 IEEE.
PY - 2024
Y1 - 2024
N2 - In distributed consensus systems (DCSs), a single peer exposes functionality to other peers to agree on a shared state for a computational problem, such as for cryptocurrencies and distributed file systems. We observe, however, that this original, peer-centric model has evolved towards deploying several peers at a single network location, thus exposing the same DCS services many times, driven by the fees and rewards that can be gained by doing so. We refer to this trend as the service-centric model and provide in our paper evidence for this trend, its growth, and its impact on DCS operations, using empirical observations in the Ethereum system. Specifically, we shed light on the opposing observations of increasing reliance on highly available cloud infrastructures and large numbers of non-reachability events in the DCS. We provide recommendations on how to tackle this impact through changes to the Ethereum platform and identifier generation, believing that those recommendations and our empirical observations provide useful insights for building resilient and bias-free DePIN platforms.
AB - In distributed consensus systems (DCSs), a single peer exposes functionality to other peers to agree on a shared state for a computational problem, such as for cryptocurrencies and distributed file systems. We observe, however, that this original, peer-centric model has evolved towards deploying several peers at a single network location, thus exposing the same DCS services many times, driven by the fees and rewards that can be gained by doing so. We refer to this trend as the service-centric model and provide in our paper evidence for this trend, its growth, and its impact on DCS operations, using empirical observations in the Ethereum system. Specifically, we shed light on the opposing observations of increasing reliance on highly available cloud infrastructures and large numbers of non-reachability events in the DCS. We provide recommendations on how to tackle this impact through changes to the Ethereum platform and identifier generation, believing that those recommendations and our empirical observations provide useful insights for building resilient and bias-free DePIN platforms.
UR - http://www.scopus.com/inward/record.url?scp=85203510932&partnerID=8YFLogxK
U2 - 10.1109/ICBC59979.2024.10634450
DO - 10.1109/ICBC59979.2024.10634450
M3 - Conference contribution
AN - SCOPUS:85203510932
T3 - 2024 IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2024
BT - 2024 IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2024
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 6th IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2024
Y2 - 27 May 2024 through 31 May 2024
ER -