Related papers: BlockReduce: Scaling Blockchain to Human Commerce
The combination between innovative topics and emerging technologies lets researchers define new processes and models. New needs regard the definition of modular and scalable approaches, with society and environment in mind. An important…
Blockchain technology has emerged as a game-changer in a variety of industries, providing robust solutions that can supplant conventional procedures. The unique potential of this technology originates from its decentralized ledger systems,…
Blockchain technology is an interlinked systematic chain of blocks that contains transaction history and other user data. It works under the principle of decentralized distributed digital ledger. This technology enables cryptographically…
Blockchain also known as a distributed ledger technology stores different transactions/operations in a chain of blocks in a distributed manner without needing a trusted third-party. Blockchain is proven to be immutable which helps for…
Blockchain technology has become one of the most popular trends in IT over the last few years. Its increasing popularity and the discovery of ever more use cases raises the question of how to improve scalability. While researchers are…
The development of underlying technologies in blockchain mostly revolves around a difficult problem: how to enhance the performance of the system and reduce various costs of nodes (such as communication, storage and verification) without…
Blockchain uses the idea of storing transaction data in the form of a distributed ledger wherein each node in the network stores a current copy of the sequence of transactions in the form of a hash chain. This requirement of storing the…
Blockchain's decentralization, transparency, and tamper-resistance properties have facilitated the system's use in various application fields. However, the low throughput and high confirmation latency hinder the widespread adoption of…
Aside from the conception of new blockchain architectures, existing blockchain optimizations in the literature primarily focus on system or data-oriented optimizations within prevailing blockchains. However, since blockchains handle…
The convergence of blockchain and the Internet of Things (IoT) enables secure, decentralised, and verifiable data exchange across distributed smart environments. However, traditional blockchain frameworks suffer from inherent scalability…
Blockchain has received expanding interest from various domains. Institutions, enterprises, governments, and agencies are interested in Blockchain potential to augment their software systems. The unique requirements and characteristics of…
Blockchain is widely applied in logistics, finance, and agriculture. As single blockchain users grow, scalability becomes crucial. However, existing works lack a comprehensive summary of blockchain scalability. They focus on single chains…
Throughput limitations of existing blockchain architectures are one of the most significant hurdles for their wide-spread adoption. Attempts to address this challenge include layer-2 solutions, such as Bitcoin's Lightning or Ethereum's…
In recent years, blockchain technology has been recognized as a transformative innovation in the tech world, and it has quickly become the core infrastructure of digital currencies such as Bitcoin and an important tool in various…
Blockchain and blockchain-inspired decentralized applications are on the rise thanks to their unique characteristics such as their decentralized nature, anonymity, and tamper-proof nature; however, blockchain transactions tend to experience…
This paper reviews and highlights how coding schemes have been used to solve various problems in blockchain systems. Specifically, these problems relate to scaling blockchains in terms of their data storage, computation and communication…
Research in blockchain systems has mainly focused on improving security and bridging the performance gaps between blockchains and databases. Despite many promising results, we observe a worrying trend that the blockchain landscape is…
For permissionless blockchains, scalability is paramount. While current technologies still fail to address this problem fully, many research works propose sharding or other techniques that extensively adopt parallel processing of…
Blockchain technology has emerged as one of the most transformative digital innovations of the 21st century. This paper presents a comprehensive review of blockchain's fundamental architecture, tracing its development from Bitcoin's initial…
Decentralization, which has backed the hyper growth of many blockchains, comes at the cost of scalability. To understand this fundamental limitation, this paper proposes a quantitative measure of blockchain decentralization, and discusses…