Utilizing Transaction Prioritization to Enhance Confirmation Speed in the IOTA Network

• URL: http://arxiv.org/abs/2501.16763v2
• Date: Fri, 14 Feb 2025 18:57:34 GMT
• Title: Utilizing Transaction Prioritization to Enhance Confirmation Speed in the IOTA Network
• Authors: Seyyed Ali Aghamiri, Reza Sharifnia, Ahmad Khonsari,
• Abstract summary: We propose an optimization framework designed to integrate a priority level for critical or high-priority IoT transactions within the IOTA network.<n>The experimental results show that higher-priority transactions in the proposed algorithm reach final confirmation in less time compared to the original IOTA system.
• Score: 1.5340244519478985
• License: http://creativecommons.org/licenses/by/4.0/
• Abstract: With the rapid advancement of blockchain technology, a significant trend is the adoption of Directed Acyclic Graphs (DAGs) as an alternative to traditional chain-based architectures for organizing ledger records. Systems like IOTA, which are specially designed for the Internet of Things (IoT), leverage DAG-based architectures to achieve greater scalability by enabling multiple attachment points in the ledger for new transactions while allowing these transactions to be added to the network without incurring any fees. To determine these attachment points, many tip selection algorithms commonly employ specific strategies on the DAG ledger. Transaction prioritization is not considered in the IOTA network, which becomes especially important when network bandwidth is limited. In this paper, we propose an optimization framework designed to integrate a priority level for critical or high-priority IoT transactions within the IOTA network. We evaluate our system using fully based on the official IOTA GitHub repository, which employs the currently operational IOTA node software (Hornet version), as part of the Chrysalis update (1.5). The experimental results show that higher-priority transactions in the proposed algorithm reach final confirmation in less time compared to the original IOTA system.

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