Dual Auction Mechanism for Transaction Relay and Validation in Complex Wireless Blockchain Network

In traditional public blockchain networks, transaction fees are allocated only to full nodes (miners), neglecting relay nodes and diminishing participation incentives for lightweight nodesparticularly in energy-constrained wireless blockchain environments. This paper proposes a novel dual auction mechanism to allocate transaction fees for both relay and validation activities in the wireless blockchain network. The proposed one consists of two sub-auction stages: the relay sub-auction and the validation subauction. In the relay sub-auction, relay nodes select transactions to forward based on rewards. Additionally, nodes adjust the relay probability using a no-regret algorithm to enhance efficiency. In the validation sub-auction, full nodes use the Vickrey-Clarke-Groves (VCG) mechanism to select transactions and construct the block. Our mechanism demonstrably satisfies Incentive Compatible (IC), Individual Rational (IR), and Computationally Efficient (CE) while maintaining bounded social welfare optimization. Furthermore, we consider the impact of network complexity on blockchain performance. Extensive simulation results demonstrate that the proposed one reduces energy and bandwidth resource consumption without compromising the throughput and security of the wireless blockchain network.

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Publication Details

Journal
IEEE Internet of Things Journal
Published
2025-01-01
DOI
https://doi.org/10.1109/jiot.2025.3592123
Citations
2
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
6.49

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article

Dual Auction Mechanism for Transaction Relay and Validation in Complex Wireless Blockchain Network

Yutao Jiao, Yuhua Xu, Jiawen Kang, Wenting Dai et al.
2 citations
IEEE Internet of Things Journal
Blockchain Technology Applications and Security
6.49
article

Dual Auction Mechanism for Transaction Relay and Validation in Complex Wireless Blockchain Network

Yutao Jiao, Yuhua Xu, Jiawen Kang, Wenting Dai, Jin Chen, Weiyi Wang
article en
2 citations

Abstract

In traditional public blockchain networks, transaction fees are allocated only to full nodes (miners), neglecting relay nodes and diminishing participation incentives for lightweight nodesparticularly in energy-constrained wireless blockchain environments. This paper proposes a novel dual auction mechanism to allocate transaction fees for both relay and validation activities in the wireless blockchain network. The proposed one consists of two sub-auction stages: the relay sub-auction and the validation subauction. In the relay sub-auction, relay nodes select transactions to forward based on rewards. Additionally, nodes adjust the relay probability using a no-regret algorithm to enhance efficiency. In the validation sub-auction, full nodes use the Vickrey-Clarke-Groves (VCG) mechanism to select transactions and construct the block. Our mechanism demonstrably satisfies Incentive Compatible (IC), Individual Rational (IR), and Computationally Efficient (CE) while maintaining bounded social welfare optimization. Furthermore, we consider the impact of network complexity on blockchain performance. Extensive simulation results demonstrate that the proposed one reduces energy and bandwidth resource consumption without compromising the throughput and security of the wireless blockchain network.

IEEE Internet of Things Journal
Guangdong University of Technology (CN), Nanjing University of Posts and Telecommunications (CN), PLA Army Engineering University (CN)
National Natural Science Foundation of China
Openalex Percentile: Top 4%
Blockchain Technology Applications and Security
6.49
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Dual Auction Mechanism for Transaction Relay and Validation in Complex Wireless Blockchain Network — Yutao Jiao, Yuhua Xu, et al. · IEEE Internet of Things Journal (2025) | TGRS Research Map | TGRS