TrustChain: A Sybil-resistant scalable blockchain

Research output: Contribution to journalArticleScientificpeer-review

49 Citations (Scopus)
8 Downloads (Pure)

Abstract

TrustChain is capable of creating trusted transactions among strangers without central control. This enables new areas of blockchain use with a focus on building trust between individuals. Our innovative approach offers scalability, openness and Sybil-resistance while replacing proof-of-work with a mechanism to establish the validity and integrity of transactions.TrustChain is a permission-less tamper-proof data structure for storing transaction records of agents. We create an immutable chain of temporally ordered interactions for each agent. It is inherently parallel and every agent creates his own genesis block. TrustChain includes a novel Sybil-resistant algorithm named NetFlow to determine trustworthiness of agents in an online community. NetFlow ensures that agents who take resources from the community also contribute back. We demonstrate that irrefutable historical transaction records offer security and seamless scalability, without requiring global consensus. Experimentation shows that the transaction throughput of TrustChain surpasses that of traditional blockchain architectures like Bitcoin. We show by using extracted data from a live network that TrustChain has sufficient informativeness to identify freeriders, leading to refusal of service.

Original languageEnglish
Pages (from-to)770-780
Number of pages11
JournalFuture Generation Computer Systems
Volume107
DOIs
Publication statusPublished - 2020

Bibliographical note

Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care
Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.

Keywords

  • 00-01
  • 99-00
  • Blockchain
  • Reputation
  • Tamper-proof data structure
  • Transactions
  • Trust

Fingerprint

Dive into the research topics of 'TrustChain: A Sybil-resistant scalable blockchain'. Together they form a unique fingerprint.

Cite this