Dependable and Autonomic Computing Platform for Managing Transactive Microgrids

In this paper, we propose and develop a novel unified blockchain-based peer-to-peer energy trading framework, called BPET. This framework incorporates microservices and blockchain as the infrastructures and adopts a highly modular smart contract design so that developers can easily extend it by plugging in localized energy market rules and rapidly developing a customized blockchain-based peer-to-peer energy trading system. Additionally, we have developed the price formation mechanisms, e.g., the system marginal price calculation algorithm and the pool price calculation algorithm, to demonstrate the extensibility of the BPET framework. To validate the proposed solution, we have conducted a comprehensive case study using real trading data from the Alberta Electric System Operator. The experimental results confirm the system’s capability of processing energy trading transactions efficiently and effectively within the Alberta electricity wholesale market.

In this proposed Ph.D. research, blockchain-based solutions for P2P-ET are investigated, with their performance being carefully evaluated, to show their feasibility and efficiency in energy trading applications.

In this study, we therefore fill this gap by proposing formal performance and cost modeling and optimization algorithms, which enable accurate prediction and fine-grained control over the performance and cost of FaaS applications. The proposed model and algorithms provide better predictability and trade-off of performance and cost for FaaS applications, which help developers to make informed decisions on cost reduction, performance improvement, and configuration optimization. We validate the proposed model and algorithms via extensive experiments on AWS. We show that the modeling algorithms can accurately estimate critical metrics, including response time, cost, exit status, and their distributions, regardless of the complexity and scale of the application workflow. Also, the depth-first bottleneck alleviation algorithm for trade-off analysis can effectively solve two optimization problems with fine-grained constraints.

In this work, we present a set of comprehensive experimental studies on Hyperledger Besu in private blockchain. We aim to exhibit its performance characteristics in terms of transaction throughput, latency, resource utilization, and scalability, from the application perspective by adding a load balancer middleware. We have carefully designed a set of comparative experiments and judiciously selected typical parameters, including transaction send rate, network size, node flavor, load balancing, consensus, and block time.

In this paper, we have analyzed the performance of IOTA ledger using both empirical and analytical approaches. First extend an existing simulator to support realistic IOTA simulations and investigate the impact of different design parameters on IOTA’s performance. Then, we propose a layered model to help the users of IOTA determine the optimal waiting time to resend the previously submitted but not yet confirmed transaction. Our findings reveal the impact of the transaction arrival rate, tip selection algorithms (TSAs), weighted TSA randomness, and network delay on the throughput. Using the proposed layered model, we shed some light on the distribution of the confirmed transactions. The distribution is leveraged to calculate the optimal time for resending an unconfirmed transaction to the distributed ledger. The performance analysis results can be used by both system designers and users to support their decision making.

In this paper, we conduct a systematic survey on the blockchain performance evaluation by categorizing all reviewed solutions into two general categories, namely, empirical analysis and analytical modelling. In the empirical analysis, we comparatively review the current empirical blockchain evaluation methodologies, including benchmarking, monitoring, experimental analysis and simulation. In analytical modelling, we investigate the stochastic models applied to performance evaluation of mainstream blockchain consensus algorithms.

In this paper, we propose a scalable transactive smart homes infrastructure by leveraging a Directed Acyclic Graph (DAG) based DLT and following the separation of concerns (SOC) design principle. Based on the proposed solution, an experiment with 40 Home Nodes is conducted to prove the concepts. From the results, we find that our solution provides a high transaction speed and scalability, as well as good performance on security and micropayment which are important in IoT settings. Then, we conduct an analysis and discuss how the new system breaks out the well-known Trilemma, which claims that it is hard for a DLT platform to simultaneously reach decentralization, scalability and security. Finally, we conclude that the proposed DAG-based distributed ledger is an effective solution for building an IoT infrastructure for smart communities.

In this thesis, we first conduct a comprehensive literature review on both distributed ledger technology applications in IoT and the performance evaluation of such decentralized systems. Then we present a detailed technical overview of IOTA, following a contractive review of different DAG-based distributed ledger technologies. Next, we propose a scalable transactive smart homes infrastructure by leveraging IOTA protocol and following the separation of concerns (SOC) design principle. Based on the proposed solution, an experiment with 40 home nodes is conducted to prove the concept at large scale in a cloud environment. The results show that our solution provides a high transaction speed and scalability, as well as good performance on micropayment which is important in IoT initiatives. We conduct an analysis and discuss how the new system breaks out the Blockchain Trilemma, which claims that it is almost impossible for a blockchain platform to simultaneously reach decentralization, scalability and security. Based on our findings on scalability and performance, we conclude that the proposed DAG-based distributed ledger is an effective solution for building an IoT infrastructure for smart communities, in which local residents can freely and securely transfer values.