The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
BIONET: A Bio-Inspired Neural Network for Consensus Mechanisms in Blockchain Systems
|
|
Author(s): Ritesh Kumar Jain (Geetanjali Institute of Technical Studies, India)and Kamal Kant Hiran (Symbiosis University of Applied Sciences, India)
Copyright: 2024
Pages: 23
Source title:
Bio-Inspired Optimization Techniques in Blockchain Systems
Source Author(s)/Editor(s): U. Vignesh (Vellore Institute of Technology, Chennai, India), Manikandan M. (Manipal Institute of Technology, India)and Ruchi Doshi (Universidad Azteca, Mexico)
DOI: 10.4018/979-8-3693-1131-8.ch004
Purchase
|
Abstract
Blockchain technology has revolutionized various industries, offering decentralized and tamper-resistant data storage and transaction capabilities. However, traditional consensus mechanisms, such as proof-of-work (PoW) and proof-of-stake (PoS), face energy consumption, scalability, and security challenges. This chapter proposes a novel consensus mechanism called “BIONET,” a bio-inspired neural network for blockchain systems. BIONET integrates the principles of swarm intelligence and artificial neural networks to achieve efficient, secure, and adaptive consensus in blockchain networks. The authors present the architectural overview of BIONET, highlighting its adaptability and self-organization capabilities. Furthermore, they demonstrate BIONET's effectiveness in PoW, PoS, and practical byzantine fault tolerance (PBFT) consensus mechanisms. Finally, they discuss the future directions and challenges of BIONET, paving the way for bio-inspired optimization techniques in blockchain systems.
Related Content
|
P. Chitra, A. Saleem Raja, V. Sivakumar.
© 2024.
24 pages.
|
|
K. Ezhilarasan, K. Somasundaram, T. Kalaiselvi, Praveenkumar Somasundaram, S. Karthigai Selvi, A. Jeevarekha.
© 2024.
36 pages.
|
|
Kande Archana, V. Kamakshi Prasad, M. Ashok.
© 2024.
17 pages.
|
|
Ritesh Kumar Jain, Kamal Kant Hiran.
© 2024.
23 pages.
|
|
U. Vignesh, R. Elakya.
© 2024.
13 pages.
|
|
S. Karthigai Selvi, R. Siva Shankar, K. Ezhilarasan.
© 2024.
16 pages.
|
|
Vemasani Varshini, Maheswari Raja, Sharath Kumar Jagannathan.
© 2024.
20 pages.
|
|
|