Cryptocurrency Networks: A New P2P Paradigm

Sergi Delgado-Segura, Cristina Pérez-Solà, Jordi Herrera-Joancomartí, Guillermo Navarro-Arribas, Joan Borrell

Research output: Contribution to journalReview articleResearchpeer-review

14 Citations (Scopus)

Abstract

© 2018 Sergi Delgado-Segura et al. P2P networks are the mechanism used by cryptocurrencies to disseminate system information while keeping the whole system as much decentralized as possible. Cryptocurrency P2P networks have new characteristics that propose new challenges and avoid some problems of existing P2P networks. By characterizing the most relevant cryptocurrency network, Bitcoin, we provide details on different properties of cryptocurrency networks and their similarities and differences with standard P2P network paradigms. Our study allows us to conclude that cryptocurrency networks present a new paradigm of P2P networks due to the mechanisms they use to achieve high resilience and security. With this new paradigm, interesting research lines can be further developed, both in the focused field of P2P cryptocurrency networks and also when such networks are combined with other distributed scenarios.
Original languageEnglish
Article number2159082
JournalMobile Information Systems
Volume2018
DOIs
Publication statusPublished - 1 Jan 2018

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