ABC: An Auction-Based Blockchain Consensus-Incentive Mechanism

Ai, Zhengpeng; Liu, Yuan; Wang, Xingwei

doi:10.1109/icpads51040.2020.00085

Cited by 13 publications

(1 citation statement)

References 15 publications

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“…During the research of the blockchain-based incentive mechanism, Ai et al [22] proposed a blockchain-based consensus incentive mechanism, termed the "ABC mechanism", from the perspective of mechanism design by applying continuous double auction theory for research on the incentive mechanism of blockchain. There are four phases in the ABC mechanism, namely initiation, auction, completion, and confirmation phases.…”

Section: Shared Incentive Mechanismmentioning

confidence: 99%

A Blockchain-Based Incentive Mechanism for Sharing Cyber Threat Intelligence

Dong-sheng

et al. 2023

Electronics

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With the development of the Internet, cyberattacks are becoming increasingly complex, sustained, and organized. Cyber threat intelligence sharing is one of the effective ways to alleviate the pressure on organizational or individual cyber security defense. However, the current cyber threat intelligence sharing lacks effective incentive mechanisms, resulting in mutual distrust and a lack of motivation to share among sharing members, making the security of sharing questionable. In this paper, we propose a blockchain-based cyber threat intelligence sharing mechanism (B-CTISM) to address the problems of free riding and lack of trust among sharing members faced in cyber threat intelligence sharing. We use evolutionary game theory to analyze the incentive strategy; the resulting evolutionarily stable strategy achieves the effect of promoting sharing and effectively curbing free-riding behavior. Then, the incentive strategy is deployed to smart contracts running in the trusted environment of blockchain, whose decentralization and tamper-evident properties can provide a trusted environment for participating members and establish trust without a third-party central institution to achieve secure and efficient cyber threat intelligence sharing. Finally, the effectiveness of the B-CTISM in facilitating and regulating threat intelligence sharing is verified through experimental simulation and comparative analysis.

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Section: Shared Incentive Mechanismmentioning

confidence: 99%

A Blockchain-Based Incentive Mechanism for Sharing Cyber Threat Intelligence

Dong-sheng

et al. 2023

Electronics

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A privacy-preserving trading strategy for blockchain-based P2P electricity transactions

Wang

2023

Applied Energy

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Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges

Laat

Grosso

Shi

2023

IEEE Commun. Surv. Tutorials

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In recent years, blockchain has gained widespread attention as an emerging technology for decentralization, transparency, and immutability in advancing online activities over public networks. As an essential market process, auctions have been well studied and applied in many business fields due to their efficiency and contributions to fair trade. Complementary features between blockchain and auction models trigger a great potential for research and innovation. On the one hand, the decentralized nature of blockchain can provide a trustworthy, secure, and cost-effective mechanism to manage the auction process; on the other hand, auction models can be utilized to design incentive and consensus protocols in blockchain architectures. These opportunities have attracted enormous research and innovation activities in both academia and industry; however, there is a lack of an in-depth review of existing solutions and achievements. In this paper, we conduct a comprehensive state-ofthe-art survey of these two research topics. We review the existing solutions for integrating blockchain and auction models, with some application-oriented taxonomies generated. Additionally, we highlight some open research challenges and future directions towards integrated blockchain-auction models.

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ABC: An Auction-Based Blockchain Consensus-Incentive Mechanism

Cited by 13 publications

References 15 publications

A Blockchain-Based Incentive Mechanism for Sharing Cyber Threat Intelligence

A Blockchain-Based Incentive Mechanism for Sharing Cyber Threat Intelligence

A privacy-preserving trading strategy for blockchain-based P2P electricity transactions

Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges

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