English

Blockchain Transaction Processing

Databases 2021-08-05 v2 Cryptography and Security Distributed, Parallel, and Cluster Computing

Abstract

A blockchain is an append-only linked-list of blocks, which is maintained at each participating node. Each block records a set of transactions and their associated metadata. Blockchain transactions act on the identical ledger data stored at each node. Blockchain was first perceived by Satoshi Nakamoto as a peer-to-peer digital-commodity (also known as crypto-currency) exchange system. Blockchains received traction due to their inherent property of immutability-once a block is accepted, it cannot be reverted.

Keywords

Cite

@article{arxiv.2107.11592,
  title  = {Blockchain Transaction Processing},
  author = {Suyash Gupta and Mohammad Sadoghi},
  journal= {arXiv preprint arXiv:2107.11592},
  year   = {2021}
}