Abstract
Blockchain enabled Internet of Things has exhibited high potential in establishing consensus and trust mechanism. To design this type of system, it is necessary to have a better knowledge about blockchain and how it can be used with internet of things. Moreover, it will be easier to gauge the requirements of the system based on the performance constraints that are imposed on the other parts. In the proposed work, we have used spatial domain Poisson distribution to determine the arrival rate at the transaction node and the full function node. The signal to interference and noise is calculated to determine throughput as well as transmission success rate. Based on performance analysis, we have developed an algorithm that is can be used to determine the apt FN deployment, under the condition of maximum transaction throughput. Results indicate the accuracy of the proposed algorithm with theoretical values.
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