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Applying Social Network Analysis to Model and Handle a Cross-Blockchain Ecosystem

Electronics (Switzerland), ISSN: 2079-9292, Vol: 12, Issue: 5
2023
  • 4
    Citations
  • 0
    Usage
  • 9
    Captures
  • 1
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    4
  • Captures
    9
  • Mentions
    1
    • News Mentions
      1
      • News
        1

Most Recent News

Study Data from Polytechnic University of Marche Provide New Insights into Electronics (Applying Social Network Analysis to Model and Handle a Cross-Blockchain Ecosystem)

2023 MAR 13 (NewsRx) -- By a News Reporter-Staff News Editor at Electronics Daily -- Investigators publish new report on electronics. According to news originating

Article Description

In recent years, the huge growth in the number and variety of blockchains has prompted researchers to investigate the cross-blockchain scenario. In this setting, multiple blockchains coexist, and wallets can exchange data and money from one blockchain to another. The effective and efficient management of a cross-blockchain ecosystem is an open problem. This paper aims to address it by exploiting the potential of Social Network Analysis. This general objective is declined into a set of activities. First, a social network-based model is proposed to represent such a scenario. Then, a multi-dimensional and multi-view framework is presented, which uses such a model to handle a cross-blockchain scenario. Such a framework allows all the results found in the past research on Social Network Analysis to be applied to the cross-blockchain ecosystem. Afterwards, this framework is used to extract insights and knowledge patterns concerning the behavior of several categories of wallets in a cross-blockchain scenario. To verify the goodness of the proposed framework, it is applied on a real dataset derived from Multichain, in order to identify various user categories and their “modus operandi”. Finally, a new centrality measure is proposed, which identifies the most significant wallets in the ecosytem. This measure considers several viewpoints, each of which addresses a specific aspect that may make a wallet more or less central in the cross-blockchain scenario.

Bibliographic Details

Gianluca Bonifazi; Francesco Cauteruccio; Enrico Corradini; Michele Marchetti; Domenico Ursino; Luca Virgili

MDPI AG

Engineering; Computer Science

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