Topology Analysis of the XRP Ledger
| Autor: | Tumas, Vytautas, Rivera, Sean, Magoni, Damien, State, Radu |
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| Rok vydání: | 2022 |
| Předmět: | |
| Druh dokumentu: | Working Paper |
| DOI: | 10.1145/3555776.3577611 |
| Popis: | XRP Ledger is one of the oldest, well-established blockchains. Despite the popularity of the XRP Ledger, 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 Ledger peer-to-peer network and its temporal characteristics. We crawl the XRP Ledger over two months and collect 1,290 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. Comment: Extended edition, 8 pages. In The 38th ACM/SIGAPP Symposium on Applied Computing, March 27 - March 31, 2023, Tallinn, Estonia |
| Databáze: | arXiv |
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