publications

2022

1. DAPPS

   Gromit: Benchmarking the Performance and Scalability of Blockchain Systems

   Nasrulin, Bulat,  de Vos, Martijn,  Ishmaev, Georgy and 1 more author

   In IEEE International Conference on Decentralized Applications and Infrastructures 2022

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   The growing number of implementations of blockchain systems stands in stark contrast with still limited research on a systematic comparison of performance characteristics of these solutions. Such research is crucial for evaluating fundamental trade-offs introduced by novel consensus protocols and their implementations. These performance limitations are commonly analyzed with ad-hoc benchmarking frameworks focused on the consensus algorithm of blockchain systems. However, comparative evaluations of design choices require macro-benchmarks for uniform and comprehensive performance evaluations of blockchains at the system level rather than performance metrics of isolated components. To address this research gap, we implement Gromit, a generic framework for analyzing blockchain systems. Gromit treats each system under test as a transaction fabric where clients issue transactions to validators. We use Gromit to conduct the largest blockchain study to date, involving seven representative systems with varying consensus models. We determine the peak performance of these systems with a synthetic workload in terms of transaction throughput and scalability and show that transaction throughput does not scale with the number of validators. We explore how robust the subjected systems are against network delays and reveal that the performance of permissoned blockchain is highly sensitive to network conditions.

2. ECRA

   Decentralizing Components of Electronic Markets to Prevent Gatekeeping and Manipulation

   de Vos, Martijn, Ishmaev, Georgy,  and Pouwelse, Johan

   Electronic Commerce Research and Applications 2022

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   The landscape of electronic marketplaces has been monopolized by a handful of market operators that have accumulated tremendous power during the last decades. This trend raises concerns about fairness and market manipulation by these operators acting as gatekeepers. These concerns have recently been outlined in the EU Digital Markets Act (DMA). In this work, we highlight how technological logic of separation understood in the framework of decentralization can address manipulation concerns. As a first step, we devise a reference model of electronic marketplaces, containing six functional components, and outline how control over these components enables different manipulative practices by gatekeepers. We identify two dimensions of decentralization that can counterbalance monopolistic abuse of marketplace components. We then present a software implementation of our reference model and demonstrate how decentralization and unbundling of market components can alleviate manipulation and fairness concerns. We end our work with a review of related approaches and conclude that modular and interoperable marketplaces can enable an open ecosystem of fair electronic markets envisioned by the DMA.

2021

1. Applied Energy

   A Novel Decentralized Platform for Peer-to-peer Energy Trading Market with Blockchain Technology

   Esmat, Ayman,  de Vos, Martijn,  Ghiassi-Farrokhfal, Yashar and 2 more authors

   Applied Energy 2021

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   Peer-to-Peer (P2P) energy trading, which allows energy consumers/producers to directly trade with each other, is one of the new paradigms driven by the decarbonization, decentralization, and digitalization of the energy supply chain. Additionally, the rise of blockchain technology suggests unprecedented socio-economic benefits for energy systems, especially when coupled with P2P energy trading. Despite such future prospects in energy systems, three key challenges might hinder the full integration of P2P energy trading and blockchain. First, it is quite complicated to design a decentralized P2P market that keeps a fair balance between economic efficiency and information privacy. Secondly, with the proliferation of storage devices, new P2P market designs are needed to account for their inter-temporal dependencies. Thirdly, a practical implementation of blockchain technology for P2P trading is required, which can facilitate efficient trading in a secured and fraud-resilient way, while eliminating any intermediaries’ costs. In this paper, we develop a new decentralized P2P energy trading platform to address all the aforementioned challenges. Our platform consists of two key layers: market and blockchain. The market layer features a parallel and short-term pool-structured auction and is cleared using a novel decentralized Ant-Colony Optimization method. This market arrangement guarantees a near-optimally efficient market solution, preserves players’ privacy, and allows inter-temporal market products trading. The blockchain layer offers a high level of automation, security, and fast real-time settlements through smart contract implementation. Finally, using real-world data, we simulate the functionality of the platform regarding energy trading, market clearing, smart contract operations, and blockchain-based settlements.

2. WWWJ

   XChange: A Universal Mechanism for Asset Exchange between Permissioned Blockchains

   de Vos, Martijn, Umut Ileri, Can,  and Pouwelse, Johan

   World Wide Web 2021

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   Permissioned blockchains are increasingly being used as a solution to record transactions between companies. Several use cases that leverage permissioned blockchains focus on the representation and management of real-world assets. Since the number of incompatible blockchains is quickly growing, there is an increasing need for a universal mechanism to exchange, or trade, digital assets between these isolated platforms. There currently is no universal mechanism for inter-blockchain asset exchange without a requirement for trusted authorities that coordinate the trade. We address this shortcoming and present XChange, a universal mechanism for asset exchange between permissioned blockchains. To achieve universality and to avoid trusted authorities that coordinate a trade, XChange does not provide atomic guarantees but leverages risk mitigation strategies to reduce value at stake. Our mechanism records the specifications and progression of each trade within records on a distributed log. XChange reduces the economic gains of adversaries by bounding the total amount of fraud they can commit at any time. After having committed fraud, an adversary is forced to finish its ongoing trades before it can engage in new trades. We first present a four-phased protocol that coordinates an asset exchange between two traders. We then outline how trade records can be stored on TrustChain, which is a lightweight distributed ledger specifically built for the tamper-proof storage of data elements. We implement XChange and conduct experiments. Our experiments demonstrate that XChange is capable of reducing the economic gains of adversaries by more than 99.9% when replaying a real-world trading dataset. A deployment on low-resource devices reveals that the latency added to a trade by XChange is only 493 milliseconds. Finally, our scalability evaluation shows that XChange achieves over 1’000 trades per second and that its throughput, in terms of trades per second, scales linearly with the system load.

3. Computer Netw.

   ConTrib: Maintaining Fairness in Decentralized Big Tech Alternatives by Accounting Work

   de Vos, Martijn,  and Pouwelse, Johan

   Computer Networks 2021

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   “Big Tech” companies provide digital services used by billions of people. Recent developments, however, have shown that these companies often abuse their unprecedented market dominance for selfish interests. Meanwhile, decentralized applications without central authority are gaining traction. Decentralized applications critically depend on its users working together. Ensuring that users do not consume too many resources without reciprocating is a crucial requirement for the sustainability of such applications. We present ConTrib, a universal mechanism to maintain fairness in decentralized applications by accounting the work performed by peers. In ConTrib, participants maintain a personal ledger with tamper-evident records. A record describes some work performed by a peer and links to other records. Fraud in ConTrib occurs when a peer illegitimately modifies one of the records in its personal ledger. This is detected through the continuous exchange of random records between peers and by verifying the consistency of incoming records against known ones. Our simple fraud detection algorithm is highly scalable, tolerates significant packet loss, and exhibits relatively low fraud detection times. We experimentally show that fraud is detected within seconds and with low bandwidth requirements. To demonstrate the applicability of our work, we deploy ConTrib in the Tribler file-sharing application and successfully address free-riding behaviour. This two-year trial has resulted in over 160 million records, created by more than 94’000 users.

4. DICG

   UniCon: Universal and Scalable Infrastructure for Digital Asset Management

   Rodrigo, Pablo, Pouwelse, Johan,  and de Vos, Martijn

   In Proceedings of the 2nd International Workshop on Distributed Infrastructure for Common Good 2021

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   Non-Fungible Tokens (NFTs) leverage blockchain technology to certify and transfer ownership of digital assets to individuals. NFTs on the Ethereum blockchain have garnered significant attention recently, with a trading volume of over $2 billion in Q1 2021 only. At the same time, established NFT solutions have low flexibility, limited scalability, and high transaction fees. These deficiencies make them impractical to use at a larger scale to manage digital assets. We present UniCon, a universal and scalable infrastructure for digital asset management. The key idea of UniCon is to track asset ownership in a tracking blockchain while making minimal assumptions on the capabilities of this blockchain. UniCon enables the exchange of asset ownership in any digital currency, unlike current NFT platforms. We devise a system architecture and build a prototype of UniCon. We use a scalable distributed ledger that is highly suitable for the tracking of asset ownership. Our prototype enables a decentralized ecosystem to manage and trade assets.

2020

1. FGCS

   TrustChain: A Sybil-resistant Scalable Blockchain

   Otte, Pim,  de Vos, Martijn,  and Pouwelse, Johan

   Future Generation Computer Systems 2020

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   TrustChain is capable of creating trusted transactions among strangers without central control. This enables new areas of blockchain use with a focus on building trust between individuals. Our innovative approach offers scalability, openness and Sybil-resistance while replacing proof-of-work with a mechanism to establish the validity and integrity of transactions. TrustChain is a permission-less tamper-proof data structure for storing transaction records of agents. We create an immutable chain of temporally ordered interactions for each agent. It is inherently parallel and every agent creates his own genesis block. TrustChain includes a novel Sybil-resistant algorithm named NetFlow to determine trustworthiness of agents in an online community. NetFlow ensures that agents who take resources from the community also contribute back. We demonstrate that irrefutable historical transaction records offer security and seamless scalability, without requiring global consensus. Experimentation shows that the transaction throughput of TrustChain surpasses that of traditional blockchain architectures like Bitcoin. We show by using extracted data from a live network that TrustChain has sufficient informativeness to identify freeriders, leading to refusal of service.

2. arXiv

   XChange: A Blockchain-based Mechanism for Generic Asset Trading In Resource-constrained Environments

   de Vos, Martijn, Umut Ileri, Can,  and Pouwelse, Johan

   arXiv preprint 2020

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   An increasing number of industries rely on Internet-of-Things devices to track physical resources. Blockchain technology provides primitives to represent these resources as digital assets on a secure distributed ledger. Due to the proliferation of blockchain-based assets, there is an increasing need for a generic mechanism to trade assets between isolated platforms. To date, there is no such mechanism without reliance on a trusted third party. In this work, we address this shortcoming and present XChange. XChange mediates trade of any digital asset between isolated blockchain platforms while limiting the fraud conducted by adversarial parties. We first describe a generic, five-phase trading protocol that establishes and executes trade between individuals. This protocol accounts full trade specifications on a separate blockchain. We then devise a lightweight system architecture, composed of all required components for a generic asset marketplace. We implement XChange and conduct real-world experimentation. We leverage an existing, lightweight blockchain, TrustChain, to account all orders and full trade specifications. By deploying XChange on multiple low-resource devices, we show that a full trade completes within half a second. To quantify the scalability of our mechanism, we conduct further experiments on our compute cluster. We conclude that the throughput of XChange, in terms of trades per second, scales linearly with the system load. Furthermore, we find that XChange exhibits superior throughput and order fulfil latency compared to related decentralized exchanges, BitShares and Waves.

3. Middleware

   MATCH: A Decentralized Middleware for Fair Matchmaking In Peer-to-Peer Markets

   de Vos, Martijn, Ishmaev, Georgy,  and Pouwelse, Johan

   In Proceedings of the 21st International Middleware Conference 2020

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   Matchmaking is a core enabling element in peer-to-peer markets. To date, matchmaking is predominantly performed by proprietary algorithms, fully controlled by market operators. This raises fairness concerns as market operators effectively can hide, prioritize, or delay the orders of specific users. Blockchain technology has been proposed as an alternative for fair matchmaking without a trusted operator but is still vulnerable to specific fairness attacks. We present MATCH, a decentralized middleware for fair matchmaking in peer-to-peer markets. By decoupling the dissemination of potential matches from the negotiation of trade agreements, MATCH empowers end-users to make their own educated decisions and to engage in direct negotiations with trade partners. This approach makes MATCH highly resilient against malicious matchmakers that deviate from a specific matching policy We implement MATCH and evaluate our middleware using real-world ride-hailing and asset trading workloads. It is demonstrated that MATCH maintains high matching quality, even when 75% of all matchmakers is malicious. We also show that the bandwidth usage and order fulfil latency of MATCH is orders of magnitude lower compared to matchmaking on an Ethereum blockchain.

4. DICG

   ConTrib: Universal and Decentralized Accounting in Shared-Resource Systems

   de Vos, Martijn,  and Pouwelse, Johan

   In Proceedings of the 1st International Workshop on Distributed Infrastructure for Common Good 2020

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   Preventing the abuse of resources is a crucial requirement in shared-resource systems. This concern can be addressed through a centralized gatekeeper, yet it enables manipulation by the gatekeeper itself. We present ConTrib, a decentralized mechanism for tracking resource usage across different shared-resource systems. In ConTrib, participants maintain a personal ledger with tamper-proof records. A record describes a resource consumption or contribution and links to other records. Fraud, maintaining multiple copies of a personal ledger, is detected by users themselves through the continuous exchange of records and by validating their consistency against known ones. We implement ConTrib and run experiments. Our evaluation with up to 1’000 instances reveals that fraud can be detected within 22 seconds and with moderate bandwidth usage. To demonstrate the applicability of our work, we deploy ConTrib in a Tor-like overlay and show how resource abuse by free-riders is effectively deterred. This longitudinal, large-scale trial has resulted in over 137 million records, created by more than 86’000 volunteers.

2019

1. DAppCon

   DevID: Blockchain-based Portfolios for Software Developers

   de Vos, Martijn, Olsthoorn, Mitchell,  and Pouwelse, Johan

   In IEEE International Conference on Decentralized Applications and Infrastructures 2019

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   Decentralized applications, also known as dApps, are the new paradigm for writing business-critical software. Recruiting developers with appropriate qualifications and skills for this activity is key, yet challenging. The main problem is that the portfolio of developers is usually scattered across centralized platforms like GitHub and LinkedIn, and vendor locked. This can result in an incomplete impression of their capabilities. We address this problem and introduce DevID, a blockchain-based portfolio for developers. Over time, this portfolio enables developers to build up a trustworthy collection of records that showcase their capabilities and expertise. They can import data assets from third parties into a unified DevID portfolio, add projects and skills, and receive endorsements. All portfolio records are stored on a scalable distributed ledger and owned by developers themselves. The essential idea is to exploit the tamper-proof property of the blockchain while providing durable storage. To demonstrate the practical value of DevID, we build the competition-based platform, dAppCoder, for the development of decentralized applications. On dAppCoder clients are able to submit their ideas and developers can find work. dAppCoder utilizes DevID portfolios to match these clients and developers. We fully implement our ideas and conduct a deployment trial. Our trial demonstrates that DevID is efficient at storing portfolio records.

2018

1. IFIP Networking

   Real-time Money Routing by Trusting Strangers with your Funds

   de Vos, Martijn,  and Pouwelse, Johan

   In IFIP Networking 2018

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   We explore a new stage in the evolution of digital trust, trusting strangers with your funds. We address the trust issues when giving money to others and relying on them to forward it. For fraud identification, we leverage our deployed blockchain which gradually builds trust between interacting strangers. Our blockchain fabric, called TrustChain, records interactions between entities in a scalable manner. This work represents a small step towards a generic infrastructure for trust, moving beyond proven single vendor platforms like eBay, Uber and Airbnb.Expanding upon established trust relations, we designed, implemented and evaluated an overlay network: Internet-of-Money. Internet-of-Money routes money to different banks through individuals, so-called money routers. This removes the need for central banks, to handle a payment. Our network reduces the duration of traditional inter-bank payments from up to a day and even a few days during weekends, to mere seconds. Internet-of-Money is fully decentralized, scalable and privacy-preserving.With real-world experimentations, we prove that Internet-of-Money enables fast money forwarding. We show that the overlay network is capable of discovering a majority of available money routers within a minute. Finally, we demonstrate how profit of cheating routers is limited and that misbehaviour is punished.

2017

1. EPLJ

   Laws for Creating Trust in the Blockchain Age

   Pouwelse, Johan, Kok, André,  Fleuren, Joost and 3 more authors

   European Property Law Journal 2017

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   Humanity’s notion of trust is shaped by new platforms operating in the emerging sharing economy, acting as intermediate matchmaker for ride sharing, housing facilities or freelance labour, effectively creating an environment where strangers trust each other. While millions of people worldwide rely on online sharing activities, such services are often facilitated by a few predatory companies, managing trust relations. This centralization of responsibility raises questions about ethical and political issues like regulatory compliance, data portability and monopolistic behaviour. Recently, blockchain technology has gathered a significant amount of support and adoption, due to its inherent decentralized and tamper-proof structure.We present a blockchain-powered blueprint for a shared and public programmable economy. The focus of our architecture is on four essential primitives: digital identities, blockchain-based trust, programmable money and marketplaces. Trust is established using only historical interactions between strangers to estimate trustworthiness. Every component of our proposed technology stack is designed according to the defining principles of the Internet itself: self-governance, autonomy and shared ownership. Real-world viability of each component is demonstrated with a functional prototype or running code. Our vision is that the highlighted technology stack devises trust, new acts, principles and rules beyond the possibilities in current economic, legal and political systems.

2014

1. arXiv

   The Fifteen Year Struggle of Decentralizing Privacy-enhancing Technology

   Jagerman, Rolf, Sabee, Wendo,  Versluis, Laurens and 2 more authors

   arXiv preprint 2014

   Abs arXiv

   Ever since the introduction of the internet, it has been void of any privacy. The majority of internet traffic currently is and always has been unencrypted. A number of anonymous communication overlay networks exist whose aim it is to provide privacy to its users. However, due to the nature of the internet, there is major difficulty in getting these networks to become both decentralized and anonymous. We list reasons for having anonymous networks, discern the problems in achieving decentralization and sum up the biggest initiatives in the field and their current status. To do so, we use one exemplary network, the Tor network. We explain how Tor works, what vulnerabilities this network currently has, and possible attacks that could be used to violate privacy and anonymity. The Tor network is used as a key comparison network in the main part of the report: a tabular overview of the major anonymous networking technologies in use today.