Energy Efficient Optimal Transaction Selection and Elimination for Energy Efficient Secure Blockchain Transaction

Energy Efficient Optimal Transaction Selection and Elimination for Energy Efficient Secure Blockchain Transaction
  IJETT-book-cover           
  
© 2022 by IJETT Journal
Volume-70 Issue-2
Year of Publication : 2022
Authors : Michel Rwibasira, Suchithra R
DOI :  10.14445/22315381/IJETT-V70I2P238

How to Cite?

Michel Rwibasira, Suchithra R, "Energy Efficient Optimal Transaction Selection and Elimination for Energy Efficient Secure Blockchain Transaction," International Journal of Engineering Trends and Technology, vol. 70, no. 3, pp. 334-341, 2022. Crossref, https://doi.org/10.14445/22315381/IJETT-V70I2P238

Abstract
Blockchain is a secure, shared, and distributed registry that makes recording and tracking resources easier without the use of a trusted third party. It enables both sides to communicate and share resources within a network of partners, rather than a single central body, where distribution decisions are determined by a majority. In general, what is valuable can be tracked in a blockchain network to reduce security risks and save on security check costs for all stakeholders. Ledger technology distributed in blockchain has emerged in recent years as a successful platform for machine-to-machine commerce. When writing a blockchain ledger requires a high memory of almost 395 GB in the system without permission. Therefore, any activity accepted by any participant is likely to increase the book size. On the other hand, the authorized system assumes that the registration is copied only in a closed group of known participants. This can lead to smaller registrations, but it can also mean that multiple ledgers are stored at the same time. To overcome these shortcomings, this paper has developed a proposed method for reducing the size of common notebooks in a blockchain system based on Energy Efficient Optimal Transaction Selection and Elimination (EEOTSE). EEOTSE approach reduces power and optimizes blockchain framework. In addition, multiple attacks such as 51% attacks, double costs, and selfish attacks affect the security of the blockchain. To prevent these attacks, the proposed method presented in this article is called the BLCMAShield method. BLCMAShield provides high security with low execution time compared to other existing methods. Attack detection rate, error rate, execution time, power consumption is used to analyse the performance of the BLCMAShield & EEOTSE method and are compared with the existing method. Experimental results show that BLCMAShield & EEOTSE provides the best results from existing methods.

Keywords
Blockchain, 51% attacks, double costs, selfish attacks, BLCMA Shield and EEOTSE.

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