Topology Analysis of the XRP Network
| Autor: | Tumas, Vytautas, Rivera, Sean, Magoni, Damien, State, Radu |
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| Rok vydání: | 2022 |
| Předmět: | |
| DOI: | 10.48550/arxiv.2205.00869 |
| Popis: | XRP is one of the oldest, well-established cryptocurrencies. Despite the popularity of XRP, little is known about its underlying peer-to-peer network. The structural properties of a network impact its efficiency, security and robustness. We aim to close the knowledge gap by providing a detailed analysis of the XRP overlay network. In this paper we examine the graph-theoretic properties of the XRP Network topology and its temporal characteristics. We crawl the XRP Network over two months and collect 1,300 unique network snapshots. We uncover a small group of nodes that act as a networking backbone. In addition, we observe a high network churn, with a third of the nodes changing every five days. Our findings have strong implications for the resilience and safety of the XRP Ledger. 6 pages, 6 figures, Submitted to IEEE Global Communications Conference (GLOBECOM) 2022 |
| Databáze: | OpenAIRE |
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