BLOCKCHAIN: RESOURCE UTILISATION ANALYSIS WITH A GAME THEORY PERSPECTIVE

Author

Vaibhav Soni

Graduation Semester and Year

2019

Language

English

Document Type

Thesis

Degree Name

Master of Science in Computer Science

Department

Computer Science and Engineering

First Advisor

Ming Li

Abstract

Major blockchain networks are using proof-of-work based consensus protocols to establish trust and decentralize resource management with different incentive mechanisms for the participants or nodes in the network. We formulate the computation resource management in the blockchain consensus process as a three stage Stackelberg game, where the profits of the miners, users and distributed app initiators are jointly optimized. Optimal decisions and strategies are devised in order to achieve the optimization through the Stackelberg equilibrium. Further, we study the interactions among these entities through a real experiment and the results are employed to justify our proposed model.

Keywords

Blockchain, Game theory, Resource utilization

Disciplines

Computer Sciences | Physical Sciences and Mathematics

License

This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.

Comments

Degree granted by The University of Texas at Arlington

Recommended Citation

Soni, Vaibhav, "BLOCKCHAIN: RESOURCE UTILISATION ANALYSIS WITH A GAME THEORY PERSPECTIVE" (2019). Computer Science and Engineering Theses. 468.
https://mavmatrix.uta.edu/cse_theses/468