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Sustainable broadcasting in Blockchain Networks with Reinforcement Learning

arXiv 2407.15616 ↗First posted 22 Jul 2024cs.NI cs.AIcited by 0

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Abstract (arXiv)

Recent estimates put the carbon footprint of Bitcoin and Ethereum at an average of 64 and 26 million tonnes of CO2 per year, respectively. To address this growing problem, several possible approaches have been proposed in the literature: creating alternative blockchain consensus mechanisms, applying redundancy reduction techniques, utilizing renewable energy sources, and employing energy-efficient devices, etc. In this paper, we follow the second avenue and propose an efficient approach based on reinforcement learning that improves the block broadcasting scheme in blockchain networks. The analysis and experimental results confirmed that the proposed improvement of the block propagation scheme could cleverly handle network dynamics and achieve better results than the default approach. Additionally, our technical integration of the simulator and developed RL environment can be used as a complete solution for further study of new schemes and protocols that use RL or other ML techniques.

Key facts. No citing papers in the map yet (data through 7 Oct 2026). Builds on 11 of its 44 references that are in the map. First posted on arXiv 22 Jul 2024.

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References · 11

  1. 2017Proximal Policy Optimization Algorithmscited by 14,441
  2. 2016OpenAI Gymcited by 1,684
  3. 2019Security and Privacy on Blockchaincited by 32
  4. 2022Deep Reinforcement Learning for Cryptocurrency Trading: Practical Approach to Address Backtest Overfittingcited by 5
  5. 2022Bodyless Block Propagation: TPS Fully Scalable Blockchain with Pre-Validationcited by 2
  6. 2017Multi-Agent Q-Learning Aided Backpressure Routing Algorithm for Delay Reductioncited by 1
  7. 2021Speeding up Block Propagation in Blockchain Network: Uncoded and Coded Designscited by 1
  8. 2022Profitable Strategy Design by Using Deep Reinforcement Learning for Trades on Cryptocurrency Marketscited by 1
  9. 2022CBlockSim: A Modular High-Performance Blockchain Simulatorcited by 1
  10. 2022HCB: Enabling Compact Block in Ethereum Network with Secondary Pool and Transaction Predictioncited by 1
  11. 2023A Scalable Reinforcement Learning-based System Using On-Chain Data for Cryptocurrency Portfolio Managementcited by 1

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