LocPoS: A Location-Based Proof-of-Stake Mechanism for Industrial Digital Twins

Blockchain technologies, particularly blockchain-based digital twins (DTs), have gained widespread interest in academia and industry. Despite this, existing literature frequently overlooks the unique characteristics of location information for consensus nodes in DTs, often merging them with conventional blockchain frameworks. This article introduces LocPoS, a novel location-based proof-of-stake mechanism tailored for industrial DTs, bridging this gap. Our proposed model strives to enhance security via broader consensus node distribution. Despite this enhanced security, potential for dishonest behavior by users for gain maximization persists. We perform an in-depth analysis of user strategies and devise a mechanism to inhibit malicious behavior, fostering truthfulness among all users. Our theoretical and simulation results demonstrate that LocPoS satisfies truthfulness and individual rationality, while reducing the proportion of malicious nodes in the consensus group by over 50% compared to PoS and DPoS, thereby significantly improving consensus integrity. The proposed mechanism’s effectiveness in ensuring truthful behavior and secure node selection is validated through both analytical proofs and extensive simulations.