Dynamic Adaptive Cross-Chain Trading Mode for Multi-Microgrid Joint Operation

Abstract

The emerging blockchain technology has injected new vitality into the energy market, especially the peer-to-peer power trading of microgrid systems. However, with the increase of energy blockchain projects, the difficulty of data communication and value islands between blockchain networks have become open issues. Thus, in this paper, we propose a dynamic adaptive cross-chain trading mode for multi-microgrid joint operation. The novelty is to design a proof of credit threshold consensus mechanism to achieve effective information verification. This consensus mechanism can ensure the adaptive consistency of cross-chain information without changing the existing blockchain architecture of each system. At the same time, we design a corresponding key management interoperability protocol based on RSA algorithm and Chinese remainder theorem, which can realize data transfer and information consensus for cross-chain transactions. The theoretical analysis verifies that the cross-chain communication information is effective and the system is able to protect against the attack of malicious nodes. Finally, a cross-chain simulation experiment is established to analyze the operation efficiency. The result shows that this cross-chain trading takes place within seconds, which basically meets the response requirements for multi-microgrid joint operation.