Contract-connection:An efficient communication protocol for Distributed Ledger Technology
This addresses network inefficiency for DLT systems, particularly in IoT, but appears incremental as it builds on existing DLT communication methods.
The paper tackles the inefficiency of Distributed Ledger Technology (DLT) in IoT environments due to unbalanced network layouts, and introduces a communication protocol that enables decentralized peer adjustments to re-balance and optimize the network, showing it to be stable and efficient in experiments.
Distributed Ledger Technology (DLT) is promising to become the foundation of many decentralised systems. However, the unbalanced and unregulated network layout contributes to the inefficiency of DLT especially in the Internet of Things (IoT) environments, where nodes connect to only a limited number of peers. The data communication speed globally is unbalanced and does not live up to the constraints of efficient real-time distributed systems. In this paper, we introduce a new communication protocol, which enables nodes to calculate the tradeoff between connecting/disconnecting a peer in a completely decentralised manner. The network layout globally is continuously re-balancing and optimising along with nodes adjusting their peers. This communication protocol weakened the inequality of the communication network. The experiment suggests this communication protocol is stable and efficient.