Related papers: Building Scalable Decentralized Payment Systems
As the significance of blockchain innovation grows and the focus on scalability intensifies, rollup technology has emerged as a promising approach to tackle these scalability concerns. Nonetheless, rollups encounter restrictions when…
The interoperability across multiple or many blockchains would play a critical role in the forthcoming blockchain-based data management paradigm. In particular, how to ensure the ACID properties of those transactions across an arbitrary…
Growing excitement around permissionless blockchains is uncovering its latent scalability concerns. Permissioned blockchains offer high transactional throughput and low latencies while compromising decentralization. In the quest for a…
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…
Decentralization is a fundamental design element of the Web3 economy. Blockchains and distributed consensus mechanisms are touted as fault-tolerant, attack-resistant, and collusion-proof because they are decentralized. Recent analyses,…
Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is due to the use of consensus algorithms to guarantee the total order of the chain…
Sidechains are an appealing innovation devised to enable blockchain scalability and extensibility. The basic idea is simple yet powerful: construct a parallel chain -- sidechain -- with desired features, and provide a way to transfer coins…
In recent years, the healthcare sector's transition to digital platforms has intensified concerns over data security, privacy, and scalability. Blockchain technology offers a decentralized, secure, and immutable solution to these…
Blockchain technology enables stakeholders to conduct trusted data sharing and exchange without a trusted centralized institution. These features make blockchain applications attractive to enhance trustworthiness in very different contexts.…
Although blockchain, the supporting technology of various cryptocurrencies, has offered a potentially effective framework for numerous decentralized trust management systems, its performance is still sub-optimal in real-world networks. With…
Decentralisation is one of the promises introduced by blockchain technologies: fair and secure interaction amongst peers with no dominant positions, single points of failure or censorship. Decentralisation, however, appears difficult to be…
A rollup network is a type of popular "Layer 2" scaling solution for general purpose "Layer 1" blockchains like Ethereum. Rollups networks separate execution of transactions from other aspects like consensus, processing transactions off of…
Blockchains have revolutionized decentralized applications, with composability enabling atomic, trustless interactions across smart contracts. However, layer 2 (L2) scalability solutions like rollups introduce fragmentation and hinder…
We develop a model of coordination and allocation of decentralized multi-sided markets, in which our theoretical analysis is promisingly optimizing the decentralized transaction packaging process at high-throughput blockchains or Web 3.0…
The paper presents an innovative approach to address the challenges of scalability and reliability in Distributed Federated Learning by leveraging the integration of blockchain technology. The paper focuses on enhancing the trustworthiness…
The distributed ledger technology has been widely hailed as the break-through technology. It has realised a great number of application scenarios, and improved workflow of many domains. Nonetheless, there remain a few major concerns in…
The thesis addresses the problem of scalability in decentralized blockchains in the context of the trade-off between transaction throughput and hardware requirements to participate in the network. Rollups are presented, that is technologies…
Today's world is organized based on merit and value. A single global currency that's decentralized is needed for a global economy. Bitcoin is a partial solution to this need, however it suffers from scalability problems which prevent it…
Blockchain technologies are facing a scalability challenge, which must be overcome to guarantee a wider adoption of the technology. This scalability issue is mostly caused by the use of consensus algorithms to guarantee the total order of…
A promising way to overcome the scalability limitations of the current blockchain is to use sharding, which is to split the transaction processing among multiple, smaller groups of nodes. A well-performed blockchain sharding system requires…