Related papers: FireLedger: A High Throughput Blockchain Consensus…
Improving transaction throughput is one of the main challenges in decentralized payment systems. Attempts to improve transaction throughput in cryptocurrencies are usually a trade-off between throughput and security or introduce a central…
Hyperledger Fabric (HLF) is a modular, permissioned blockchain widely adopted in enterprise settings. Enhancing its throughput and latency remains challenging, as optimization decisions made in one phase of the transaction lifecycle can…
The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…
Consensus is one of the most fundamental distributed computing problems. In particular, it serves as a building block in many replication based fault-tolerant systems and in particular in multiple recent blockchain solutions. Depending on…
Today's permissioned blockchain systems come in a stand-alone fashion and require the users to integrate yet another full-fledged transaction processing system into their already complex data management landscape. This seems odd as…
The efficiency of decentralized book systems like Bitcoin and Ethereum has always been a challenge. It is usually measured by three major factors: scalability, throughput, and latency. Scalability refers to how the system capacity is…
Private permissioned blockchains are deployed in ever greater numbers to facilitate cross-organizational processes in various industries, particularly in supply chain management. One popular example of this trend is Hyperledger Fabric.…
The state-of-the-art HotStuff operates an efficient pipeline in which a stable leader drives decisions with linear communication and two round-trips of message. However, the unifying proposing-voting pattern is not sufficient to improve the…
Ethereum clients execute transactions in a sequential order prescribed by the consensus protocol. This is a safe and conservative approach to blockchain transaction processing which forgoes running transactions in parallel even when doing…
Blockchain is one of the most popular distributed ledger technologies. It can solve the trust issue among enterprises. Hyperledger Fabric is a permissioned blockchain aiming at enterprise-grade business applications. However, compared to…
The heterogeneity of the blockchain landscape has motivated the design of blockchain protocols tailored to specific blockchains and applications that, hence, require custom security proofs. We observe that many blockchain protocols share…
State government operations comprise a large number of transactions for different processes that must be carried out across the state. This comprises new projects, maintenance and repairs, public employee compensation, and agricultural…
Cryptocurrency networks such as Bitcoin have emerged as a distributed alternative to traditional centralized financial transaction networks. However, there are major challenges in scaling up the throughput of such networks. Lightning…
Hyperledger Fabric (HLF) is a flexible permissioned blockchain platform designed for business applications beyond the basic digital coin addressed by Bitcoin and other existing networks. A key property of HLF is its extensibility, and in…
To implement a blockchain, the trend is now to integrate a non-trivial Byzantine fault tolerant consensus algorithm instead of the seminal idea of waiting to receive blocks to decide upon the longest branch. After a decade of existence,…
Traditional public blockchain systems typically had very limited transaction throughput because of the bottleneck of the consensus protocol itself. With recent advances in consensus technology, the performance limit has been greatly lifted,…
This work addresses the inherent issues of high latency in blockchains and low scalability in traditional consensus protocols. We present pod, a novel notion of consensus whose first priority is to achieve the physically-optimal latency of…
Blockchains lie at the heart of Bitcoin and other cryptocurrencies that have shown great promise to revolutionize finance and commerce. Although they are gaining increasing popularity, they face technical challenges when it comes to scaling…
The paper presents Tendermint, a new protocol for ordering events in a distributed network under adversarial conditions. More commonly known as Byzantine Fault Tolerant (BFT) consensus or atomic broadcast, the problem has attracted…
Avalanche is a blockchain consensus protocol with exceptionally low latency and high throughput. This has swiftly established the corresponding token as a top-tier cryptocurrency. Avalanche achieves such remarkable metrics by substituting…