MARATTO

article · Computation

PyIncentiveBC: A Python Module for Simulation of Incentivization Mechanism Implemented in Blockchain-Based Systems

20241 citationOpen accessChouaib Doukkali University

Abstract

The diversity of approaches for retaining participants in a Blockchain-based system complicates benchmarking. The majority of proposals for rewarding and penalizing participants in these systems are limited to their own set of data and scenarios, making it hard to compare their effectiveness. To overcome these challenges, we developed PyIncentiveBC, a free, open-source, and modular simulator designed to evaluate the reliability of any approach, incorporating a dynamic and proportionate incentivization mechanism proposed in our previous work. PyIncentiveBC aims to provide the scientific communities with an extensible software solution facilitating the benchmarking of existing approaches with new ones proposed by them.

Research topics

  • Blockchain Technology Applications and Security
  • FinTech, Crowdfunding, Digital Finance

Read the original research

This page summarises published work. The authoritative version sits with the publisher.

DOI: 10.3390/computation12090179

Is something wrong with this record? Report it or request removal.

Discussion

Discuss this research

Have you built on this work, tried to replicate it, or seen it applied in practice? Share what you know. Verified researchers and MARATTO™ domain experts can open a discussion, and any member can reply. Contributions are reviewed before they appear.

No discussion yet. Open the first thread.