Blockchain Consensus Simulator
LANCER
Lancer:
<= 2 resources OR <=3 weeks effort OR <=$3000 USD
Growth:2 - 4 resources AND upto 4 months OR
upto $30000 USD
Enterprise:Everything else
(Development)
Project Description
The Blockchain Consensus Simulator is a tool designed to measure and compare the performance of key consensus protocols—Proof of Work (PoW), Proof of Stake (PoS), and Practical Byzantine Fault Tolerance (PBFT). It simulates block production, validation, and network interactions to collect metrics like throughput and latency. The goal was to provide clear, data-driven insights into how each protocol performs under various network conditions.
Scope Of Work
The client engaged Oodles to set up an open-source blockchain simulator (Blocksim or an equivalent) capable of analyzing different consensus protocols. The project involved configuring the simulator, ensuring it could run smoothly on the client’s personal machine, and collecting relevant data for PoW, PoS, and PBFT mechanisms. If the preferred simulator failed, the team needed to identify and switch to an alternative without losing time.
Our Solution
Oodles delivered a functional and extensible blockchain consensus simulation environment with the following components:
- Simulator Setup and Configuration:
Installed and configured the chosen simulator on the client’s local machine, ensuring compatibility and smooth operation. - Protocol Integration:
Enabled simulation for PoW, PoS, and PBFT protocols, adjusting parameters to reflect real-world blockchain dynamics. - Performance Metrics Collection:
Implemented logic to track throughput and latency metrics for each consensus protocol under simulated conditions. Fallback Strategy:
In case of simulator failure, identified and validated an alternative tool to maintain project timelines and ensure continuity..