Comparing a novel proof of learning based consensus protocol with the proof of vote protocol to reduce attack probability in the Ethereum blockchain network

• Main Authors: Mohankrishna, Kotte, Govindasamy, C.
• Format: Conference Proceeding
• Language: English
• Subjects: Blockchain; Confidence intervals; Learning; Risk management; Statistical analysis
• ISSN: 0094-243X; 1551-7616
• DOI: 10.1063/5.0233170

This work aims to reduce the attack likelihood in a novel consensus protocol that is based on proof of learning, as opposed to the proof of vote protocol, in order to facilitate the construction of the Ethereum blockchain network. Methodologies and Instruments for Research: The likelihood of an attack being carried out on a blockchain network can be mitigated by switching from the Proof of Voting protocol to a Novel Proof of Learning-based consensus method during the construction of the network. The total number of samples gathered was twenty, with ten samples being assigned to each of the groups. The Gpower was eighty percent, and the confidence level was ninety-five percent. Group 2 is a proof of the vote, while Group 1 is a proof of the novel approach to learning. Proof of Vote has a higher attack probability rate than Novel Proof of Learning, which has a lower attack probability rate (54.25 percent), according to the data (63.37 percent). With a two-tailed result of p=0.015 (p