BlockPerf: A Hybrid Blockchain Emulator/Simulator Framework

Blockchain is increasingly used for registering, authenticating and validating digital assets (financial assets, real estate, etc.) and transactions, governing interactions, recording data and managing identification among multiple parties in a trusted, decentralized, and secure manner. Today, a large variety of blockchain technologies is expanding in order to fulfill technical and non-technical needs and requirements. Within this context, determining and most importantly evaluating the characteristics/performance of a given blockchain platform is crucial for system designers before deploying it. A number of blockchain simulators have been proposed in the literature over the past few years, as reviewed in this paper, but are often limited in several respects (lack of extensibility, do not allow for evaluating all aspects of a blockchain...). This paper extends and improves a state-of-the-art simulator (BlockSim) into a new simulator called ‘‘BlockPerf’’ to overcome those limitations. Both simulators are compared based on a real-life (benchmarking) Bitcoin scenario, whose results show that BlockPerf provides more realistic results than BlockSim, improving by around ≈50% (in average) the outcomes.